EnergyNotableReported
5.5
Lufthansa CEO warns fuel costs to exceed €1.5B forecast
InfoMoney·DE · IE·about 7 hours ago
Lufthansa CEO Carsten Spohr said additional aviation fuel costs for 2026 will exceed the 1.5 billion euro forecast made in August, citing the ongoing war in Iran and soaring oil prices. The warning follows similar statements from Ryanair and reflects fuel's 30-40% share of airline operating costs, signaling broader sector margin pressure.