Report
Research Department
EUR 50.00 For Business Accounts Only

TOURISM SECTOR: COMMENTS ON THE DROP IN STOCKS LINKED TO THE AIRLINE SECTOR (ANÁLISIS BANCO SABADELL)

AMS and IAG are down by -7% and -13%, respectively, in absolute terms (vs. -3% ES50) due to the uncertainty surrounding the emergence of a new Covid-19 variant that might potentially damage the recovery of air traffic and the sector.
Underlyings
Amadeus IT Group SA Class A

Amadeus is a transaction processor for the global travel and tourism industry. Co. provides transaction processing power and technology solutions to both travel providers (including full service carriers and low-cost airlines, hotels, rail operators, cruise and ferry operators, car rental companies and tour operators) and travel agencies (both online and offline). Co. acts both as a worldwide network connecting travel providers and travel agencies through a processing platform for the distribution of travel products and services (through the Distribution business), and as a provider of a portfolio of IT solutions which automate certain business processes (through the IT solutions business).

International Consolidated Airlines Group SA

International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.

Provider
Sabadell
Sabadell

Analysts
Research Department

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