We are extremely disappointed to have to withdraw from this transaction. The proposed combination of Fairfield and Carnival was a tremendous opportunity to capitalize on many outstanding marketing synergies that would have benefited both companies.
More Quotes from Micky Arison:
We have been exploring a strategy for entering the Asian marketplace for some time and have indicated that our entrance into this hugely populated market would be through one of our existing brands. These cruises represent a first step in this initiative and will serve as a platform for future expansion into other areas of Asia. Although all of our brands are virtually unknown in China, we chose Costa because it is already very international in nature, serving guests of many different nationalities, languages and cultures.Micky Arison
What we asked for was to be kept whole basically. And to make up for the revenue that we would have made had the ships been operated. And to pay for the expense of canceling 100,000 people and protecting travel agent commissions.
Micky Arison
Originally, we envisioned this ship would be designated for one of our European brands. However, Carnival Cruise Lines continues to perform at a very high level and based on the tremendous consumer demand for its products, we now believe that this specific tonnage would be best utilized for Carnival's North American market,
Micky Arison
Pat told me what had happened before practice Friday, and I stayed to watch. It looked like any other practice I've ever seen him run.
Micky Arison
We've got ships for all different types of people and all different sizes, just like the hotel industry. There's some people that love hotels like Bellagio, and others -- I'm staying in a hotel right now with I think six rooms.
Micky Arison
I thought there was a better than 50-50 chance that he would choose to do that.
Micky Arison
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