Overview
- Lufthansa CEO Carsten Spohr said on Tuesday that the extra kerosene costs for the year will probably top the previously cited €1.5 billion.
- The airline has already told investors that its total fuel bill for the year is expected to reach about €8.7 billion.
- Spohr said Lufthansa still expects a 2026 adjusted operating profit of €1.7–2.2 billion because of cuts at the main brand and higher ticket prices.
- Delivery delays at Airbus and Boeing are forcing Lufthansa to keep older, less fuel‑efficient jets in service longer, with the A350‑1000 expected in November 2026 and the first 777X in the first quarter of 2027.
- Market strain is growing for smaller carriers after recent creditor‑protection filings by Air Baltic and Volotea, and passengers face higher fares as airlines pass on rising fuel costs.