Skip to content
Business Travel News·· 3 days agoAI Rating73

Lufthansa Again Lowers 2026 Profit Forecast Due to Rising Fuel Costs

Lufthansa Again Cuts Profit Outlook Amid Rising Fuel Costs

AI Overview

On November 3, 2026, the Lufthansa Group lowered its full-year 2026 profit forecast for the second time due to rising fuel costs, cutting its full-year adjusted EBIT forecast to €1.7 billion to €2 billion, below the previous upper estimate of €2.2 billion. The report said the group's third-quarter fuel expenditure increased by more than €543 million year on year, and full-year fuel expenditure is expected to increase by about €2 billion to €9.3 billion. The report did not mention the specific time or figures of the previous first profit forecast cut. Current progress is that the Lufthansa Group has given a new profit range for its 2026 performance.

Source:Business Travel News · businesstravelnews.com