00:00Rising fuel costs are putting pressure on Lufthansa despite record quarterly revenue
00:05and higher operating profit.
00:08After Irish Airlines Ryanair reported 2 billion euros rise in its fuel bill for next year,
00:13the German Lufthansa Group said on Tuesday that its fuel bill also rose by 543 million
00:18euros year-on-year in July to September amid higher kerosene prices linked to the conflict
00:24in the Middle East.
00:26Adjusted operating profit still increased 6% to 1.4 billion euros while revenue climbed
00:329% to over 12.2 billion euros.
00:36Lufthansa's core airline saw adjusted operating profit fall by a third to 300 million euros.
00:42Cargo more than tripled its profit to 162 million euros while Lufthansa's Technic reported a
00:4954% rise to 200 million euros.
00:52Ryanair chief executive Michael O'Leary told Euronews in October that European airfares
00:58could rise significantly in 2027 as higher fuel costs, taxes and fewer available seats
01:04push prices up.
01:06Lufthansa now expects full-year adjusted operating profit of 1.7 billion to 2 billion euros, lowering
01:12the top of its previous forecast by 200 million euros.
01:16Its fuel bill is expected to reach 9.3 billion euros this year, up from 7.27 billion euros in
01:232025.
01:24Polk oil
01:24to
01:24to
01:2495,45
01:24over
01:2425,45
01:25You
