Lufthansa stock faces fuel costs above EUR 1.5 billion
Published on 10/03/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lufthansa stock (ISIN DE0008232125) was last at EUR 7.60 on Xetra on October 2, 2026 at 5:35 p.m. CEST, while the airline faces additional 2026 fuel costs above EUR 1.5 billion. Global Banking and Finance Review identifies Deutsche Lufthansa as LHA.DE on Xetra under the same ISIN.
Fuel bill moves above EUR 1.5 billion
According to Ground News on September 29, 2026, CEO Carsten Spohr said Lufthansa's additional aviation fuel bill will exceed the EUR 1.5 billion flagged in August. The report also said management reaffirmed a full-year 2026 adjusted operating profit forecast of EUR 1.7 billion to EUR 2.2 billion.
The cost shock is material because fuel represents 30 percent to 40 percent of airline expenses, while Lufthansa had reported an 86 percent hedge ratio for 2026, according to the same September 29 report from Ground News. Premium-cabin bookings provide a counterweight, but higher fuel exposure puts pressure on the turnaround plan's 8 percent to 10 percent margin target.
Q2 revenue grows as profit contracts
Lufthansa Group generated EUR 11.141 billion of revenue in Q2 2026, up 8 percent year over year, while adjusted EBIT fell 56 percent to EUR 383 million from EUR 870 million in Q2 2025, according to Aviation Intelligence. The comparison shows why revenue growth alone does not resolve the group's earnings pressure.
The same Q2 2026 data show a 3.4 percent adjusted EBIT margin, compared with 8.4 percent a year earlier. For investors, the central test is therefore whether premium demand and Lufthansa's cargo and maintenance businesses can offset fuel and labor costs during the second half.
Stock stays below its yearly high
Lufthansa stock stood EUR 2.69 below its 52-week high of EUR 10.29 and EUR 0.88 above its 52-week low of EUR 6.72 on October 2, 2026. The reference price was EUR 7.60 versus a prior close of EUR 7.59, and trading volume reached 4,412,397 shares.
Aviation Intelligence lists November 3, 2026 as the next interim report date. That publication will provide the next quantified check on fuel costs, margins and the EUR 1.7 billion to EUR 2.2 billion adjusted EBIT range.
EUR 7.60 reference price
Lufthansa stock was last at EUR 7.60 on Xetra on October 2, 2026 at 5:35 p.m. CEST, with a daily gain of 0.11 percent and a market capitalization of EUR 9.1 billion.
Lufthansa stock data
- Company: Deutsche Lufthansa AG
- ISIN: DE0008232125
- WKN: 823212
- Ticker: LHA.DE
- Trading venue: Xetra
- Price (as of October 2, 2026, 5:35 p.m. CEST): EUR 7.60
- Market capitalization: EUR 9.1 billion (as of October 2, 2026)
- 52-week range: EUR 6.72-EUR 10.29 (as of October 2, 2026)
- Sector / Industry: Industrials / Airlines
- Next earnings date: November 3, 2026
