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Jan 30th, 2012 Comments: 0

Carnival Details Short-Term Costs of Cruise-Ship Crash

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Wall Street Journal
Miami-based Carnival said in a regulatory filing it expects the loss of the use of the Costa Concordia to reduce its net income by $85 million to $95 million in the fiscal year ending Nov. 30, 2012. It estimated insurance deductiles will cost it another $40 million, in addition to $30 million to $40 million in “other incident related costs” from the accident.

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