Deutsche Lufthansa AG

LHA: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Lufthansa Earnings: Fuel Outpaces Fare Recovery as Guidance Is Cut

Loredana Muharremi

Aug 4, 2026

Lufthansa’s second-quarter adjusted EBIT fell 56% to EUR 383 million, 4% below consensus, as fuel and strikes outweighed stronger fares. Management downgraded profit guidance from significantly above 2025 to EUR 1.7 billion-EUR 2.2 billion; adjusted free cash flow remains EUR 900 million.

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Deutsche Lufthansa AG

Lufthansa Earnings: Fuel Outpaces Fare Recovery as Guidance Is Cut

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