*Forlistofauthors,seepage2.BarclaysCapitalInc.and/oroneofitsaffiliatesdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.ThisresearchreporthasbeenpreparedinwholeorinpartbyequityresearchanalystsbasedoutsidetheUSwhoarenotregistered/qualifiedasresearchanalystswithFINRA.Pleaseseeanalystcertificationsandimportantdisclosuresbeginningonpage96.SIGNATURE#climatechange#transatlanticSustainable&ThematicInvestingSustainableTourism:AworthwhilejourneyTourismisadouble-edgedswordthatcontributestobotheconomicdevelopmentandenvironmentaldegradation.Drivenbyourconsumersurveyandpolicymomentum,wemakethecaseforsustainabletourismandassesstheimpactacrossninesectors.Sustainable&ThematicInvestingEmilyMorrisonHiralPatel+44(0)2077739080+44(0)2031341618emily.morrison@barclays.comhiral.patel@barclays.comBarclays,UKBarclays,UKEquityResearch4December2019Barclays|Sustainable&ThematicInvesting4December20192ContributingAuthorsEuropeanTransportationEuropeanTransportationNorthAmericaAirlinesNorthAmericaAirlinesRishikaSavjani,CFA+44(0)2031346488rishika.savjani@barclays.comBarclays,UKWilliRuppricht+44(0)2035559714willi.ruppricht@barclays.comBarclays,UKBrandonR.Oglenski+12125268903brandon.oglenski@barclays.comBCI,USMatthewWisniewski,CPA+44(0)2031346823matthew.wisniewski@barclays.comBarclays,UKEuropeanConstruction,BuildingMaterials&InfrastructureEuropeanConstruction,BuildingMaterials&InfrastructureU.S.LeisureU.S.LeisureNabilAhmed+33(0)144583141nabil.ahmed@barclays.comBBI,ParisPierreRousseau+33(0)144583377pierre.rousseau@barclays.comBBI,ParisFeliciaR.Hendrix+12125265562felicia.hendrix@barclays.comBCI,USEdwardWendel,CFA+12125263592edward.wendel@barclays.comBCI,USEuropeanIntegratedOil&RefiningEuropeanIntegratedOil&RefiningU.S.Aerospace&DefenseU.S.Aerospace&DefenseJoshuaStone+44(0)2031346694joshua.stone...
