Lufthansa

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Lufthansa profit outlook trimmed as fuel costs rise €400m

Lufthansa profit outlook trimmed as fuel costs rise €400m

Others airlines across Europe are feeling the same squeeze As costs of fuel rose by more than €400 million, Lufthansa profit outlook has been cut for 2026, even as third-quarter earnings beat analyst forecasts. The flag carrier of Germany has lowered its profit guidance for 2026, as it now expects an operating profit of between […]

1 week ago

Major European airline becomes first to ground planes amid fuel crisis

Major European airline becomes first to ground planes amid fuel crisis

They’ve cited increased kerosene costs As the Iran war is worsening the fuel crisis, a major airline has grounded dozens of planes, it has been revealed. The first airline to ground planes is Lufthansa, as the German flag carrier announced it will imminently ground up to 27 planes from its regional ‘CityLine’. It said in […]

7 months ago