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Lufthansa Cuts Outlook As Fuel Costs Rise

Lufthansa trimmed its full-year profit outlook as rising jet fuel costs weigh on the German airline. Third-quarter operating profit met expectations at 1.4 billion euros.

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FILE PHOTO: A Lufthansa plane moves on the runway near Kerosene tanks on the day of the official inauguration ceremony of Terminal 3 at Frankfurt Airport, in Frankfurt, Germany, April 22, 2026. REUTERS/Jana Rodenbusch/File Photo

DEUTSCHE LUFTHANSA-REG lowered its 2026 profit outlook on Tuesday morning as jet fuel costs are projected to reach €9.3 billion. The downward revision comes despite third-quarter results meeting market expectations.