Carnival, with oil prices so low, how about lowering some cruise prices?

[crusinpsychRN]

Oil is so low Carnival should defray some of the cost so we can get some better prices. 2017 prices are way up. What do they know we don't?

[StolidCruiser]

How to make record profits.

[ryano]

Oil is so low Carnival should defray some of the cost so we can get some better prices. 2017 prices are way up. What do they know we don't?

 

The fuel they are burning now was likely purchased at prices from at least a year ago. It also seems they are having no problems filling their ships at current prices which gives them no reason to discount cruise fares. All the mass market lines prices are going up it seems.

[Podna's]

Just like the airlines, Carnival is a business enjoying the low fuel cost. And with stronger than ever bookings right now I can only see prices going up. If you look at it from a business point of view how can you blame them. Heck I'm still paying a $3 fuel adjustment delivery fee from our pizza places that was put in place a few years ago when fuel prices were high.

[Podna's]

The fuel they are burning now was likely purchased at prices from at least a year ago. It also seems they are having no problems filling their ships at current prices which gives them no reason to discount cruise fares. All the mass market lines prices are going up it seems.

 

 

Agreed. Another thing just like the airlines. They buy large quantities at a contract price well in advance but with fuel being this low for this long with no immediate increase in sight I'd say they'll be reaping the benefits soon if they are not already.

Edited January 21, 2016 by Podna's

[Guest]

And they are all selling out.

[DanishJourney]

Well I just got a 20$ per person price drop. A couple more of those won't hurt :p

[Hoosierpop]

Carnival should charge as much as they possibly can as long as they are filling their ships. The cost of fuel shouldn't matter. It's what people will pay.

Edited January 21, 2016 by Hoosierpop

[utopiagal]

When the price of oil was sky high Carnival could have charged a surcharge if it went over $90 a barrel but they never did. I guess it all evens out.

[vwrestler171]

Plus the EPA requires all ships that operate in the US to burn a more environmentally friendly fuel, which last I heard cost 3x more than the fuel that they used to burn

[sfaaa]

The answer is Why Should They.

[chengkp75]

Plus the EPA requires all ships that operate in the US to burn a more environmentally friendly fuel, which last I heard cost 3x more than the fuel that they used to burn

 

That's correct. The price of low sulfur MGO (required within 200 miles of North American, Hawaiian, P.R. and USVI coasts) for the 4th quarter of 2015 was still above the price of IFO380 (the residual fuel they used to burn) for the 4th quarter of 2014. So, they have seen very little drop in oil price. Also, marine bunker prices are on the way up, contrary to crude or gasoline prices, due to increased demand worldwide.

[franknberry]

Expect more cutbacks.

[Micahs Grandad]

supply and demand

[bingo3]

When the price of oil was sky high Carnival could have charged a surcharge if it went over $90 a barrel but they never did. I guess it all evens out.

 

Agreed, we can't have it both ways.....

[klfrodo]

As a stock holder, please keep the prices as high as the consumer will pay.

Daddy fixin to retire soon and needs more margin on those initial stock purchase prices.

[LMaxwell]

They'll charge what people are willing to pay. If they weren't filling ships you'd see prices drop. Many Americans have more disposable income as their own fuel prices drop. This drives demand for luxury and discretionary spending and that's what a cruise is.

[jimbo5544]

Expect more cutbacks.

 

 

Hhmmmm, I am starting to see a trend in your posts, look just someone else here.....go figure.

[JMAE]

Agreed. Another thing just like the airlines. They buy large quantities at a contract price well in advance but with fuel being this low for this long with no immediate increase in sight I'd say they'll be reaping the benefits soon if they are not already.

 

They can pause using the older fuel contracts and purchase fuel at current price point.

[loubetti]

They can pause using the older fuel contracts and purchase fuel at current price point.

 

And... how do propose that one "pause" a contract? No offense, but contract law is obviously not your specialty. If you do not honor the terms of "my" contract with "you", I will sue you, and win!

 

In essence, you cannot "pause" a contract unless the party you signed it with is stupid enough to let you renegotiate it. In essence, you are stuck!

 

Either way you will not get a fare reduction to to lower fuel prices.

[Podna's]

Hhmmmm, I am starting to see a trend in your posts, look just someone else here.....go figure.

 

 

Yup, sure does. Just went take a peak at his post. It's him. Lol.

[kona_wahine]

When fuel prices went crazy airlines started charging for ANYTHING extra, including baggage. Now with low fuel prices I don't see them allowing free checked bags again. It so irritating with everyone having a carry on and there just isn't room. We fly Alaska and they will usually let you check a carry on for free.

 

As for carnival, they are still selling cruises so why lower the prices? Supply and demand....

[mericker]

Just got off the Magic and we all got a $7.74 credit. Not much but better than nothing.

[S.S.Oceanlover]

Just like the airlines' date=' Carnival is a business enjoying the low fuel cost. And with stronger than ever bookings right now I can only see prices going up. If you look at it from a business point of view how can you blame them. Heck I'm still paying a $3 fuel adjustment delivery fee from our pizza places that was put in place a few years ago when fuel prices were high.

 

They probably bought the pizza dough when oil was sky high.

 

Bill

[lemansz20]

I wish they would lower them too, but their still the cheapest around. Its to please the shareholders, so thats probably why their are so many on here super happy. Many people have a stake and they are loving life right now.