On the Call: Carnival Corp. CEO Micky Arison

AP News
Posted: Dec 18, 2009 4:40 PM

Oasis of the Seas, Royal Caribbean Cruises Ltd.'s behemoth boat that set sail this fall, got worldwide attention for its size. The largest cruise ship in the world, the 16-deck, $1.5 billion vessel is nearly 40 percent larger than the industry's next-biggest ship and five times larger than the Titanic.

So then, it'd stand to reason that competitors should be concerned? Right?

Guess again, said Carnival Corp. CEO Micky Arison, who spoke to investors on a conference call Friday.

QUESTION: What kind of impact is Oasis having on Carnival's business?

RESPONSE: We haven't seen any impact. If there is an impact, and clearly we haven't seen any, it's in the additional exposure something like Oasis gets. That brings more attention to the cruise industry. ... So the net effect, if anything, would be positive. Beyond that, we haven't really seen any impact.