Carnival Cruises 2012 Annual Report Download - page 36
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Table of Contents
• A failure to keep pace with developments in technology could impair our operations or competitive position.
• We may lose business to competitors throughout the vacation industry, which could adversely affect our operations and financial condition.
• Overcapacity in the cruise ship or land-based vacation industry could have a negative impact on our net revenue yields and increase operating
costs, thus resulting in ship, goodwill and trademark asset impairments, all of which could adversely affect profitability.
• The loss of key personnel or our ability to recruit or retain qualified personnel could adversely affect our results of operations.
• Union disputes and other employee relation issues could adversely affect our financial results.
• The impact of disruptions in the global financial markets or other events may negatively affect the ability of our counterparties and others to
perform their obligations to us and thus, adversely affect our financial position and results of operations.