Lufthansa CEO warns fuel costs to exceed €1.5B forecast

Lufthansa's CEO stated that fuel costs will exceed the company's €1.5 billion forecast, joining Ryanair and other carriers in flagging the impact of persistently high aviation fuel prices. The warning underscores sustained cost pressure on the European airline sector, though the exact magnitude of the overrun remains unspecified. This signals continued margin compression for airlines and may influence ticket pricing and capacity decisions.