ed to signal that major industry players
of 2012 and fall 2014. This would make
new waters. RCCL’s self-imposed “radio
remain disciplined with regards to capaci-
Celebrity Reflection (slated for an autumn
silence” means also that capacity growth
ty and operating costs.Also, RCCL is about
2012 delivery) the last in line for a well
over the coming four to five years remains
to take a break from all that bottle-smash-
over a year.
well below historic averages.
ing pretty shortly.
Analysts are calling this a shrewd
move since modest capacity growth makes
STILL WATERS
good sense now as the cruise industry is re-
In fact, RCCL will have no ship deliver-
locating its older tonnage out of the high-
ies scheduled between the fourth quarter
pressure North American market and into
SAMI J. ANTEROINEN
seatec 1/2012
35