Report
Fehmi Ben Naamane ...
  • Matthias Desmarais

TUI AG : Risk of deterioration in upcoming newsflow; Neutral recommendation reiterated, revised target price of € 10.2

>Additional delay expected before Boeing 737 Max returns to service - The never-ending story of Boeing 737 Max’s return to the airport stand should see another episode in the next few months. The latest developments (cf. the Federal Aviation Administration's forecasts for a return mid-2020, the messages sent out by Boeing’s managers, etc.) clearly call into question the resumption of flights end-April. This was the baseline scenario adopted by TUI when the full-year ...
Underlying
TUI AG

TUI is engaged in the tourism business, operating in some 180 countries. Co.'s segments include Hotels & Resorts, Cruises and Other Tourism. The Hotels & Resorts segment comprises all Group-owned hotels and hotel companies in TUI Group. The segment comprises majority participations in hotels, joint ventures with local partners, stakes in companies. The Cruises segment consists of Hapag-Lloyd Cruises and the joint venture TUI Cruises. Other Tourism segment comprises central functions such as destination services, IT, aviation control and the French airline Corsair.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Matthias Desmarais

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