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Demand offsets Aurora losses.


Cruise giant Carnival carnival, communal celebration, especially the religious celebration in Catholic countries that takes place just before Lent. Since early times carnivals have been accompanied by parades, masquerades, pageants, and other forms of revelry that had their origins in  has raised its revenues forecast for 2005 after saying strong demand would help offset the cost of cancelling a world cruise.

The Miami-based group, which has six ships under the P&O Cruises brand in the UK, said prices achieved during its peak selling season were significantly higher than last year as the travel industry continued to recover from factors such as September 11 and the Iraq war Iraq War: see under Persian Gulf Wars.
Iraq War
 or Second Persian Gulf War

Brief conflict in 2003 between Iraq and a combined force of troops largely from the U.S. and Great Britain; and a subsequent U.S.
.

Carnival also revealed that the cost of cancelling the 103-day cruise by P&O's ill-fated vessel Aurora Aurora, cities, United States
Aurora (ərôr`ə, ô–).

1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903.
 had risen by about $8m(pounds 4.25m) to around pounds 26.25m.

But higher demand early on in the selling season means Carnival will discount fewer tickets this year, boosting the average ticket price and helping it overcome the impact of both Aurora and "substantial" fuel price increases.
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Publication:The Journal (Newcastle, England)
Date:Feb 16, 2005
Words:137
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