Disney Announces Expansion of Successful Cruise Business
Thursday February 22, 1:00 pm ET
Two New Ships Will More Than Double Passenger Capacity
BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE
IS - News) plans to expand its successful cruise business by adding two new ocean liners, President and CEO Bob Iger announced today. Scheduled to launch in 2011 and 2012, the ships will more than double the passenger capacity for
Disney Cruise Line to meet the sustained demand for Disney's family cruise vacations.
Source: The Walt Disney Company
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The company signed a letter of intent with Meyer Werft shipyard, based in Papenburg, Germany, to negotiate a contract to build the 122,000-ton new cruise liners, which will be two decks taller than the existing 83,000-ton ships, the Disney Magic and the Disney Wonder. Each ship will have 1,250 staterooms. Specific design plans and itineraries for the yet-unnamed ships are still in development and will be unveiled at a later date.