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Carnival Corporation & plc is a British and American cruise operator with a combined fleet of over ninety vessels across nine cruise line brands. [4] A dual-listed company, Carnival is composed of the Panama-incorporated, US-headquartered Carnival Corporation, and UK-based Carnival plc, which function as one entity.
Carnival is one of ten cruise lines owned by the world's largest cruise ship operator, the American-British Carnival Corporation & plc. [3] In 2021, Carnival Cruise Line was estimated to hold a 7.6% share of cruise industry revenue and 18.2% of passengers. [4] It has 24 vessels and is the largest fleet in the Carnival group. [5]
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New Carnival Corp. CEO Josh Weinstein thinks it's high time for investors to chart a different view on the cruise company, after several years of it battling the rocky waters of the COVID-19 pandemic.
In 2002, Carnival Corporation and P&O Princess Cruises merged to form Carnival Corporation & plc, bringing together both companies' assets under one corporation. [15] As of 2018, Costa accounted for approximately 12% of Carnival Corporation & plc's revenue. [2] In 2004, Costa Crociere purchased control of AIDA Cruises of Germany. [16]
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