Carnival Cruise Line Complaint - Unwarranted Fuel Supplement
UTAH -- I am a Carnival Corporation shareholder. The current fuel supplement policy does not make sense. It is overly complicated and looks like a corporate loophole instead of a consumer benefit. Consider how it looks to consumers:
“Despite the huge drop in the price of oil to its lowest level since 2005, Carnival Corporation announces it will continue to charge a fuel supplement if the price of oil exceeds $70 on any day during the six weeks before a cruise.”
It is an insult to their intelligence. An average cost makes more sense. A policy like this would be embraced by consumers:
“In recognition that the price of oil has dropped below $45 per barrel, industry leader Carnival Corporation announces it will suspend the fuel supplement while the average price of oil remains under $70 for the 30 days prior to departure. A refund of the fuel supplement will be made in the form of a shipboard credit for all bookings within the final payment period…”
It is already generating negative comments on the internet:
“I originally saw that the price closed below 70 on Oct 21, which would have meant the cutoff date was Dec. 1st. But it did close above 70 for ONE DAY on November 4 setting the deadline back by three weeks - because weekends are not counted.”
This year I have watched the stock drop from $46 to less than $15. It is hard to believe that the price could drop further but the current fuel supplement policy could do it.
As a shareholder and passenger, I urge you to consider a change to the fuel supplement policy.