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NEW YORK, Nov 2 (Reuters) - Royal Caribbean Cruises Ltd posted a 44 percent drop in net income and projected a slight fourth-quarter loss on Tuesday as pricing for its cruises remains soft. Shares fell 4.5 percent to $19.75 in premarket trading. The world's second-largest cruise operator reported net income of $230.4 million, or $1.07 per share, compared with $411.9 million, or $1.92 per share a year earlier. Revenue fell 14.3 percent to $1.8 billion, while total cruise operating expenses fell 12.5 percent. The Miami-based company said it expects 2009 earnings per share of 70 cents and said 2010 net yields should improve over 2009 levels. It expects a fourth-quarter loss of 5 cents per share. (Reporting by Deepa Seetharaman, editing by Gerald E. McCormick) Keywords: ROYALCARIBBEAN/ (deepa.seetharaman@thomsonreuters.com; +1 646 223-6125; Reuters Messaging: deepa.seetharaman.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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