Lufthansa Reports Nearly $2 Billion in Extra Fuel Costs Due to Middle East Conflict
Lufthansa reported an additional 1.7 billion euros ($2 billion) in fuel costs for 2026 due to the Middle East conflict and rising jet fuel prices. Despite these challenges, the airline's first-quarter adjusted EBIT increased to 612 million euros, with revenue rising to 8.7 billion euros. The airline plans to offset the costs through cost-saving measures and higher ticket sales.
Topics: airline industry earnings fuel costs jet fuel prices Lufthansa Middle East conflict