Lufthansa keeps 2026 guidance despite higher fuel costs, shares rise

Deutsche Lufthansa AG

06/05/2026 08:29

** Shares in Deutsche Lufthansa are up 2% after Germany's largest airline maintained its FY earnings guidance despite rising fuel costs after reporting better-than-expected Q1 results

** The group maintained its forecast for 2026 of a significantly higher adjusted operating profit than the 1.96 billion euros ($2.30 billion) it earned in 2025 despite increased uncertainty

** "Full-year EBIT guidance is unchanged despite significantly higher fuel costs, which we think will take the shares up today," J.P. Morgan says

** "Surprisingly to us, Lufthansa continues to see 2026 adj. EBIT "significantly above" 2025 despite the fuel bill rise," Bernstein says

** Shares at Paris-listed peer Air France-KLM AIRF.PA also rise around 3%, among top gainers at the pan-European sector index .T5751P

($1 = 0.8524 euros)

 (Reporting by Bartosz Dabrowski in Gdansk)

 ((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))