TUI Group - Completion of further Aircraft sale...

TUI AG (TUI) TUI AG: TUI Group - Completion of further Aircraft sale and leaseback agreement with BOC Aviation Limited 30-Oct-2020 / 08:00 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. TUI Group - Completion of further Aircraft sale and leaseback agreement with BOC Aviation Limited Hannover, 30.10.2020. TUI Group confirms the signing of a further sale and leaseback ("SLB") agreement with BOC Aviation Limited for two new Boeing 737 MAX-8 aircraft for the aggregate sum of $90m (~€76m). The two new aircraft are expected to be delivered during Winter 20/21, in line with our newly agreed deferred re-fleeting programme with Boeing, once EASA recertification of the Boeing 737 MAX-8 has been achieved. This new lease agreement with BOC Aviation Limited is expected to be on standard commercial terms and will create a total lifetime lease obligation of around €88m to commence by the end of FY21. ANALYST & INVESTOR ENQUIRIES Mathias Kiep, Group Director Investor Relations and Corporate Finance Tel: [phone]/ [phone]  Nicola Gehrt, Director, Head of Group Investor Relations Tel: [phone] Contacts for Analysts and Investors in UK, Ireland and Americas Hazel Chung, Senior Investor Relations Manager Corvin Martens, Senior Investor Relations Manager Tel: [phone] Tel: [phone] Contacts for Analysts and Investors in Continental Europe, Middle East and Asia Ina Klose, Senior Investor Relations Manager Tel: [phone] Media Kuzey Alexander Esener, Head of Media Relations, Group Communications Tel: [phone]

ISIN:	DE000TUAG000
Category Code:	AGR
TIDM:	TUI
LEI Code:	529900SL2WSPV293B552
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	86777
EQS News ID:	1143600

End of Announcement	EQS News Service