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Where Stress Ends
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blog post
October 27th 2008
October 24, 2008, Update |
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| Our fuel supplement will no longer apply to new Royal Caribbean International bookings made on or after November 10, 2008, anywhere in the world, for sailings that depart on or after January 1, 2010. This decision takes into consideration the recent reductions in global fuel prices. We have also established specific guidelines that will determine whether fuel supplement refunds will be provided for sailings that begin in 2009 and later, which were booked prior to November 10, 2008, if fuel prices remain below a specific price threshold. For 2009 sailings and 2010 sailings booked before November 10, 2008, we will determine on a quarterly basis whether fuel supplements will be refunded. Refunds, in the form of an onboard credit, will be provided if the closing price of West Texas Intermediate fuel is $65 or less, at the closing time of the New York Mercantile Exchange, two weeks prior to the beginning of the upcoming calendar quarter. When those conditions are met, an onboard credit will be provided to all guests on sailings that begin during the upcoming calendar quarter. The dates on which the price of West Texas Intermediate fuel will be measured, and the quarters during which refunds could apply are:
We will continue to closely monitor the movement of global fuel prices and recognize that an upturn in those prices could necessitate the reinstatement of a fuel sup |
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