Norwegian Cruise Line Holdings reported net income of $470.4 million in the key third quarter, which includes summer cruises in Europe and Alaska.

Net income was up more than 17%. Total revenue increased 12.5% to $1.9 billion. 

"Our three brands fully benefited from strong demand for peak summer sailings, with particular strength in premium-priced itineraries in Alaska and Europe, resulting in the highest quarterly revenue and earnings in our history," said CFO Mark Kempa.

Kempa said the outlook for full-year earnings has been moved upwards to $1.08 billion.  

"The robust booking environment for cruise vacations is alive and well as evidenced by our stellar booked position for 2019, which continues to exceed this year's record levels, with booking momentum accelerating for sailings throughout 2019 and extending into 2020," said Norwegian Cruise Line Holdings CEO Frank Del Rio in a statement.

The company's three brands are Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.

 

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