After axing 20,000 flights, Lufthansa confronts nearly $2 billion in extra fuel cost amid the Iran war,

TL;DR

Lufthansa Outlook More Risky as Fuel Adds €1.7 Billion Cost Lufthansa’s first quarter loss narrows despite $2 billion fuel hit Germany's largest airline, Lufthansa reported taking on 1.7 billion euros (nearly $2 billion) in additional fuel costs as the Middle East conflict poses "enormous challenges." In its first-quarter earnings published Wednesday, the airline said it had hedged 80% of its jet fuel, it expects to take on additional costs of 1.7 billion euros in 2026, wh...