Skift Take
Norwegian grew its fleet in Europe this summer despite the economic atmosphere and has at least four deliveries on deck, but higher rates helped increase earnings in proportion to its capacity.
Despite having a record number of ships in still-struggling Europe, Norwegian Cruise Line reported solid earnings for the third quarter Wednesday.
[caption id="" align="alignright" width="350"] Photo by Jenn.[/caption]
Net income for the Miami-based cruise operator jumped 19 percent to $128 million for the quarter ending Sept. 30. Revenues increased from $666.6 million to $674.4 million. Adjusted earnings before interest, taxes, depreciation and amortization
