Lufthansa Group has reported a sharp decline in second-quarter earnings despite continued strong demand for air travel, as soaring fuel prices and strike-related disruptions weighed heavily on profitability. The airline group’s revenue increased eight percent year-on-year to €11.1 billion, but adjusted operating profit (EBIT) fell 56 percent to €383 million.
According to the company, fuel expenses rose by around €750 million compared with the same period last year, largely driven by higher kerosene prices following geopolitical tensions in the Middle East. In addition, strikes across parts of the Lufthansa Group during April resulted in financial losses of at least €150 million.
Net profit dropped even more sharply, falling 88 percent to €123 million. Nevertheless, Lufthansa highlighted resilient passenger demand, particularly on Asian routes, where higher fares helped offset part of the cost pressure. Lufthansa Cargo and Lufthansa Technik also delivered solid performances.
In response to the challenging environment, Lufthansa has revised its full-year guidance. The group now expects adjusted EBIT between €1.7 billion and €2.2 billion, replacing its previous forecast of a significant increase over last year’s €1.96 billion. While demand for travel remains healthy, the airline cited volatile fuel prices and shorter booking windows as key uncertainties for the remainder of 2026.
