Changes at the top for major cruise players

Carnival to stay dominant but MSC to double market share
There will be jostling at the top among the major players in the global cruise industry over the next 10 years, a new report reveals.
Carnival Corporation will keep its leading market share by capacity of more than 40% of the worldwide market by 2026, but this is a decrease from 44.3% this year, according to the 2016-2017 Cruise Industry News Annual Report. Royal Caribbean’s market share will decline from 24.5% to 21.9%.
The report says that Carnival’s market share erosion is because of aggressive newbuilding programs by other cruise lines and the entry of start-up Virgin Cruises, all of which is expanding the industry.
Market share for MSC Cruises, on the other hand, will effectively double, from 6.8% this year to 12.9% by 2026 – due to its aggressive newbuild program. Norwegian Cruise Line’s market share will fall slightly from 9.1% to 8.7%.
Cruise Industry News


Check Also

Norwegian, profit, results, finance, quarter, hedging

Norwegian delivers better-than-expected Q2 results

Europe's third largest low-cost carrier surprised the markets when presenting its Q2 results on Thursday June 12.

SAS, passengers, stats, numbers, figures, Norwegian, monthly, June, 2018, weaker, stronger, routes

SAS sets another passenger record

The airline has broken its previous monthly passenger record from 2014, though it is still behind Norwegian.

Norwegian, Krabi, Bangkok, beach, Thailand, resort, city, holiday, Nordic, scandinavia, Copenhagen, Oslo, Stockholm, days, winter, week

Norwegian to fly to Krabi in Thailand

Flights this coming winter season will go direct to the Thai beach destination from Copenhagen, Stockholm and Oslo.

SAS, Norwegian, airline, history, story, Scandinavia, aviation, Norway, Sweden, Denmark, Pole, flight, intercontinental

Goodbye Scandinavian Airlines System, welcome SAS!

It has been a long and eventful journey for Scandinavia’s premier airline. Now that Norway has sold its remaining shares in the airline, it is the end of an era – and what an era!

Norwegian, behaviour, Norway, airlines, plane, travel, bad, smoking, abusive, passengers, alcohol, fine

Big rise in passenger trouble in Norway

Pilots say that the alarming trend is due to alcohol availability and passengers feeling cramped.

Norwegian, seat, light, weight, slim, space, pitch, tall passengers, MAX, 737, delivery, cabin

Norwegian adds new “slimline” seats to 737 MAX

The airline is introducing slimmer seats, now receiving the first of 12 new-look 737 MAX aircraft this year.