TUI AG (TUI.L) Announced that TUI Group confirmed 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 $90 million
(~€76 million). 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. TUI