Airline: Lufthansa considers profit decline possible in 2026
In the second quarter, Lufthansa is experiencing a significant decline in profits. What rising kerosene prices and strikes mean for the annual targets.
The consequences of the Iran war and strikes cost Lufthansa dearly in the second quarter. For 2026, CEO Carsten Spohr now considers a decline in profit to be possible. The adjusted operating profit (adjusted EBIT) is expected to reach 1.7 to 2.2 billion euros for the full year, the Lufthansa Group announced in Frankfurt. Previously, Spohr had wanted to significantly exceed the previous year's value of 1.96 billion euros despite the significantly increased fuel costs as a result of the war.
However, in the second quarter, the significantly increased kerosene prices caused the group a significant drop in profits. The adjusted operating profit plummeted by 56 percent to 383 million euros. The surplus even fell by 88 percent to 123 million euros, also due to a positive tax effect from the previous year. This meant that Lufthansa performed even worse than expected by analysts on average.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
