Lufthansa Group warns jet-fuel bill may rise €1.7bn in 2026 despite strong Q1 as hedging coverage averages ~80%
Lufthansa Group reported a smaller first-quarter loss supported by strong demand, but warned that jet-fuel availability could be reduced later in the year—an additional risk on top of rising fuel costs. It flagged a full-year jet-fuel emergency impact of about €1.7bn, while noting hedging averaging ~80% for the rest of 2026 and sticking to guidance.