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In June 2024, it was announced that P&O Cruises Australia would close in early 2025 and operations would be merged into Carnival Cruise Line. Two of their ships, Pacific Adventure and Pacific Encounter will be rebranded into Carnival ships [ 36 ] [ 37 ] and absorbed into Carnival Cruise Line from March 2025.
Carnival Corp. will fold P&O Cruises Australia into Carnival Cruise Line next year.. The cruise line operator will retire the P&O Cruises Australia brand in March 2025, the company announced Monday.
In June 2024, it was announced P&O Cruises Australia would be closed and absorbed into Carnival Cruise Line from March 2025 and onward in order to further boost Carnival's capacity. [16] [17] Pacific Adventure and Pacific Encounter will be rebranded as Carnival ships, [18] while Pacific Explorer will exit the company's fleet in February 2025. [19]
The last earnings report out of the cruise line industry for the 2024 calendar year shows that folks still can't get enough of watery escapes. Carnival (NYSE: CCL) (NYSE: CUK) posted its fiscal ...
As part of the announcement that P&O Cruises Australia would merge with Carnival, it was revealed the Pacific Explorer will not be joining the Carnival fleet and will be withdrawn in February 2025. [7] On December 20 2024 it was revealed that the ship had been sold to Resorts World Cruises. [8]
For the full year 2024, Carnival forecasts adjusted EBITDA of more than $6 billion and adjusted ROIC of more than 10%. ... All of this means that Carnival makes a great stock to buy in 2025 and ...