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Boeing : Emirates announces first A380 service to Nice

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03/25/2017 | 07:30pm CEST

Staff Report

DUBAI

Emirates will launch a daily Airbus A380 service to Nice, France, the airline said in a statement on Thursday.

The service, starting on July 1, 2017, will make Emirates the first airline to operate a superjumbo A380 route to Nice Cote d'Azur International. Switching from a Boeing 777-300ER to an A380 will result in a 44 per cent increase in capacity on the route, the airline stated. Emirates will also offer helicopter transfers between Nice International and Monaco, to increase accessibility.

(c) Al Nisr Publishing LLC 2017. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 92 136 M
EBIT 2017 9 119 M
Net income 2017 6 229 M
Debt 2017 389 M
Yield 2017 3,14%
P/E ratio 2017 17,49
P/E ratio 2018 15,98
EV / Sales 2017 1,16x
EV / Sales 2018 1,06x
Capitalization 106 914 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 177 $
Spread / Average Target 0,39%
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Managers
NameTitle
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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