The German airline warned of heightened uncertainty and cited jet fuel price volatility and shorter booking cycles as challenges.
Edno Nagasawa
Deutsche Lufthansa AG has cut its 2026 outlook after its second-quarter profit was hit by fuel costs and strikes.
The German airline also warned of heightened uncertainty for its full-year outlook.
Lufthansa warned that volatility in jet fuel prices and shortened booking cycles complicate efforts to boost profit.
Lufthansa reduced its 2026 profit target due to fuel costs and strikes.
Lufthansa's adjusted EBIT for the second quarter fell to 383 million euros from 870 million euros in the same period last year, missing analyst expectations of approximately 400 million euros. While second-quarter revenue increased by 8% to 11.1 billion euros, higher jet fuel prices added 750 million euros in costs, and the April pilot strike resulted in a 150 million euro negative impact. The company now expects its full-year EBIT to fall between 1.7 billion and 2.2 billion euros, adjusting its previous target of clearly exceeding last year's 1.96 billion euros.
Lufthansa's adjusted EBIT for the second quarter fell to 383 million euros from 870 million euros a year ago, missing analyst expectations of approximately 400 million euros. Despite an 8% revenue increase to 11.1 billion euros, the company faced 750 million euros in additional jet fuel costs and a 150 million euro impact from the April pilot strike. Consequently, the full-year EBIT forecast has been revised to a range between 1.7 billion and 2.2 billion euros, down from previous targets of exceeding 1.96 billion euros.
Lufthansa's adjusted second-quarter EBIT dropped to 383 million euros from 870 million euros in the previous year, falling short of the 400 million euros expected by analysts. While second-quarter revenue rose 8% to 11.1 billion euros, the company faced 750 million euros in additional fuel costs and a 150 million euro impact from the April pilot strike. Consequently, the airline has adjusted its full-year EBIT forecast to a range of 1.7 billion to 2.2 billion euros, down from its previous aim to significantly exceed last year's 1.96 billion euros.
Lufthansa's adjusted Q2 EBIT fell to 383 million euros from 870 million euros a year earlier, missing analyst expectations of approximately 400 million euros. Despite an 8% year-on-year revenue increase to 11.1 billion euros, the company faced 750 million euros in additional jet fuel costs and a 150 million euro direct loss from the April pilot strike. Looking ahead, the airline now expects its full-year EBIT to be between 1.7 billion and 2.2 billion euros, revising its previous target of clearly exceeding last year's 1.96 billion euros.
Lufthansa's adjusted second-quarter EBIT fell to 383 million euros from 870 million euros in the previous year, missing analyst expectations of approximately 400 million euros. While second-quarter revenue rose 8% to 11.1 billion euros, the company faces increased pressure from 750 million euros in additional jet fuel costs and a 150 million euro impact from the April pilot strike. Consequently, Lufthansa shares dropped by more than 11 percent on the Frankfurt exchange, and the airline's full-year EBIT guidance is now set between 1.7 billion and 2.2 billion euros.
Lufthansa's adjusted second-quarter EBIT dropped to 383 million euros from 870 million euros a year earlier, falling short of analysts' 400 million euro expectation despite an 8% increase in revenue to 11.1 billion euros. The company reported that rising fuel prices added 750 million euros in costs, while the April pilot strike had a 150 million euro negative impact on the balance sheet. Consequently, Lufthansa's full-year EBIT forecast is now set between 1.7 billion and 2.2 billion euros, moving away from its previous goal to clearly exceed last year's 1.96 billion euros.
Lufthansa's adjusted second-quarter EBIT fell to 383 million euros from 870 million euros in the previous year, missing analyst expectations of approximately 400 million euros despite an 8% revenue increase to 11.1 billion euros. The company faces 750 million euros in additional jet fuel costs and a 150 million euro impact from the April pilot strike, leading to a full-year EBIT forecast of between 1.7 billion and 2.2 billion euros. Following these results, Lufthansa shares dropped by over 11 percent on the Frankfurt exchange.
Lufthansa's adjusted quarterly EBIT fell to 383 million euros from 870 million euros a year earlier, missing analyst expectations of approximately 400 million euros despite an 8% revenue increase to 11.1 billion euros. The company reported that rising jet fuel prices added 750 million euros in costs, while the April pilot strike negatively impacted the balance sheet by 150 million euros. Consequently, Lufthansa shares fell by over 11 percent on the Frankfurt exchange as the airline now expects its full-year EBIT to be between 1.7 billion and 2.2 billion euros.
Lufthansa's adjusted second-quarter EBIT fell to 383 million euros from 870 million euros in the same period last year, missing analyst expectations of approximately 400 million euros. While revenue rose 8% year-on-year to 11.1 billion euros, the company faced 750 million euros in additional jet fuel costs and a 150 million euro impact from the April pilot strike. Consequently, Lufthansa shares dropped by over 11 percent on Tuesday morning, and the airline now expects its full-year EBIT to land between 1.7 billion and 2.2 billion euros.
Lufthansa's adjusted EBIT for the second quarter dropped to 383 million euros from 870 million euros in the same period last year, falling short of the 400 million euro analyst expectation. While second-quarter revenue rose by 8% to 11.1 billion euros, the company reported a net loss of 542 million euros for the first half of the year, compared to a profit of 127 million euros in the first half of 2025. Additionally, the airline's stock fell by over 11 percent on the Frankfurt exchange following these results.
Lufthansa's adjusted EBIT for the second quarter dropped to 383 million euros from 870 million euros a year earlier, while the company's net profit fell by 88% to 123 million euros due to valuation and tax effects. The airline reported a net loss of 542 million euros for the first half of the year, compared to a profit of 127 million euros in the first half of 2025, even as second-quarter revenue rose 8% to 11.1 billion euros. Additionally, despite the decline, the company's operating margin fell to 3.4% in the second quarter, significantly below its medium-term target of 8% to 10%.
