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Boeing : Qatar Airways starts third daily flight to Bali Denpasar

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04/24/2017 | 02:34am CEST

Qatar Airways has announced that commencing May 7, 2017, the airline will operate a third daily non-stop route from Doha’s Hamad International Airport to Bali Denpasar. Bali has long been a popular destination for Qatar Airways’ passengers, with the airline offering its first direct service in 2014, later enhancing this to a twice daily frequency. Prior to this Qatar Airways served the destination via a touchdown in Singapore, but the expanding global reach of the airline and significant growth in size of its fleet has enabled the airline increasing popularity to now offer three daily direct non-stop flights. Qatar Airways Group Chief Executive, Akbar Al Baker said: “The start of triple daily non-stop services from Doha to Bali Denpasar offers passengers from our global network even greater access to this popular leisure destination with smooth international transfers and a variety of times to suit their own schedules. “We are delighted to confirm that the Boeing 787 Dreamliner will operate the third frequency on this route, offering the very latest in design and comfort to passengers, complemented by our other wide body aircraft, the Boeing 777 and the Airbus A330.” The new direct flight, which commences on May 7 this year, will operate with the Boeing 787 Dreamliner. One of the world’s newest aircraft, the Dreamliner will enable passengers to enjoy Qatar Airways’ renowned service, while experiencing the very latest in international air travel design and comfort. The route is currently operated by a Boeing 777 and Airbus A330 wide-body aircraft on its existing double-daily offering. Flying direct to and from Bali Denpasar, the Dreamliner has a two-cabin configuration, comprising of 22 seats in Business Class and 232 Economy Class seats with a high standard of comfort on board, including individual 10.5 inch television screens on all Economy Class seats and a full complimentary food and beverage service. The additional flight is certain to be popular for those travelling from Qatar Airways’ extensive route network in Europe, the Middle East and the United states, with connecting times to Bali reduced with one quick international transfer at Doha’s Hamad International Airport (HIA). The airline currently holds the title of World’s Best Business Class as awarded by Skytrax in 2016, and its Doha hub, HIA was also recently given five stars at the Skytrax World Airport Awards and was ranked Sixth Best Airport in the World. Qatar Airways is the national carrier of the State of Qatar, and is one of the fastest growing airlines operating one of the youngest fleets in the world. Qatar Airways has a modern fleet of 195 aircraft flying to more than 150 key business and leisure destinations across six continents.

(c) 2017 Dar Al Sharq Press, Printing & Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 92 050 M
EBIT 2017 9 192 M
Net income 2017 6 241 M
Debt 2017 365 M
Yield 2017 3,07%
P/E ratio 2017 17,97
P/E ratio 2018 16,34
EV / Sales 2017 1,20x
EV / Sales 2018 1,10x
Capitalization 109 686 M
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Number of Analysts 27
Average target price 182 $
Spread / Average Target 0,85%
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Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Gregory D. Smith Chief Financial Officer & Executive Vice President
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Kenneth M. Duberstein Lead Independent Director
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