Carnival Announces Quarterly Profits of $1,100,000,000 - But Pushes Lawsuit Against Alaska Over $50 Tax
Today Carnival issued a press release which reported profits of $1,100,000,000 for the third quarter ending August 31, 2009. The cruise line collected revenues from passengers of over $4,000,000,000 in the last three months.
This announcement of Carnival's over-a-billion-dollars-in-profits comes two days after the Carnival dominated "Alaska" Cruise Association filed a lawsuit against Alaska over the $50-a-passenger tax.
Four days ago, the environmental group "Friends of the Earth" gave Carnival a "D-" on the cruise line environmental scorecard.
What a week for Carnival! A failing pollution grade, over $1,000,000,000 in quarterly profits, and a lawsuit initiated in Alaska over a $50 tax.
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Jim Walker practices admiralty and maritime personal injury law. He has been involved in maritime litigation since 1983. Based in
