6/5/2026, 12:27:01 pm

Lufthansa hit with almost $2 billion in extra fuel costs

Lufthansa expects 1.7 billion euros in additional fuel costs due to the Middle East conflict, despite hedging 80% of its jet fuel. The airline reported an adjusted operating loss of 612 million euros, with revenue rising 8% to 8.7 billion euros in the first quarter. Lufthansa will offset costs through cost-saving measures and increased ticket sales, while Europe faces a jet fuel crunch.