Internal / Financial Analysis
Financial Factors
HOME Based on the number of passengers carried, revenues generated, and available capacity, Carnival Corporation is the world�s largest multiple-night cruise company.    A key financial strength of Carnival Corporation is the broad product line to merchandise their leisure cruises to a wide range of personal budgets.  The Carnival Cruise Lines address a variety of customer segments in all price ranges with a variety of destinations as noted below.

Carnival Line         Ships     Capacity   Market Segment        Destination

Carnival Cruise                 12                22,372        Contemporary Market      Caribbean, Mexican Riviera,
                                                                                                                                      and Alaska

Holland America Line        8               10,302         Premium Market               Caribbean, the Mediterranean,
                                                                                                                                      Alaska and Panama Canal

Windstar                              4                     756           Luxury                                Caribbean, Costa Rica, the
                                                                                                                                      Mediterranean and the Far East

Cunard Line                         5                  3,349           Luxury                               Caribbean, Baltic, Mediterranean
                                                                                                                                     and the Far East

Seabourn**                          3                      612          Luxury                               Caribbean

Costa Cruises**                  7                   7,710         Premier                             Mediterranean, Northern Europe,
                                                                                                                                     Carbibbean and South America

Carnival Total Lines         24                 33,430        Low, Mid and High           Varied Destinations

**CunardCruises and Seabourn Cruise Lines represent entities where Carnival Corporation has a majority interest.  They have lower interest in Costa Cruises.

Carnival is currently negotiating the purchase of P&O Princess Cruises, which will increase the number of ships, capacity, cruise offerings, and destination options.

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