(Corrects to remove reference to insurance payments)
June 22 Carnival Corp & Plc , the
world's largest cruise operator, reported much smaller net
income for the second quarter, partly hurt by high fuel rates.
For the second quarter ended May 31, the company earned $14
million, or 2 cents a share, compared with $206 million, or 26
cents a share, a year earlier.
Revenue at Carnival, whose brands include Carnival, Holland
America, Princess and Costa, was $3.54 billion, down from $3.62
billion a year before..
After initially giving bargains after the Costa Concordia
ran aground off the coast of Italy in January, killing at least
25 people, Carnival pulled back on discounts.
(Reporting By Phil Wahba and Nivedita Bhattacharjee; Editing by
Gerald E. McCormick)