Royal Caribbean has no intention of downsizing, though they intend to add smaller ships to other company lines. Uh-oh. Personally, I think this represents trouble for the already troubled company. Q3 earnings missed the mark, and the Oasis inaugural is only 40% booked; a miniscule percentage of what I think was expected.
Royal's Q3 numbers posted a 44% loss over the same period a year ago. Perhaps Royal should rethink the bigger is better mentality as its numbers continue to head south.