Lufthansa Group absorbs the rise in jet fuel.
According to its press release published on November 3, 2026, the group posted an adjusted EBIT of €1.4 billion in the third quarter, up 6%. Its revenue reached €12.2 billion, up 9%. It represents, according to the group, its highest quarter by revenue.
The adjusted EBITDA stands at €2.045 billion, up 6%.
The fuel bill rose by €543 million year over year. The adjusted EBIT margin declined to 11.5%, compared with 11.9% a year earlier.
According to its press release published on November 3, 2026, the group posted an adjusted EBIT of €1.4 billion in the third quarter, up 6%. Its revenue reached €12.2 billion, up 9%. It represents, according to the group, its highest quarter by revenue.
The adjusted EBITDA stands at €2.045 billion, up 6%.
The fuel bill rose by €543 million year over year. The adjusted EBIT margin declined to 11.5%, compared with 11.9% a year earlier.
Network carriers increased their capacity by 1.6%, mainly on long-haul routes. Their unit revenue rose by 5.2%, with yield up 6.8% and load factor down by 1.3 percentage points. Their adjusted EBIT, however, fell by €108 million, to €853 million.
SWISS, Austrian Airlines and Brussels Airlines performed better than a year earlier. Lufthansa Airlines also bore about €65 million in costs related to strikes in the first half.
Eurowings reduced its capacity by 3.5% after suspending its flights to the Gulf. These services were replaced by shorter routes to Southern Europe. The SunExpress joint venture contributed €103 million (+€20 million).
The point-to-point segment posted an adjusted EBIT of €214 million (+€16 million).
SWISS, Austrian Airlines and Brussels Airlines performed better than a year earlier. Lufthansa Airlines also bore about €65 million in costs related to strikes in the first half.
Eurowings reduced its capacity by 3.5% after suspending its flights to the Gulf. These services were replaced by shorter routes to Southern Europe. The SunExpress joint venture contributed €103 million (+€20 million).
The point-to-point segment posted an adjusted EBIT of €214 million (+€16 million).
Solid Performance for Cargo and Maintenance
Lufthansa Cargo triples its operating profit, to €162 million. Lufthansa Technik, focused on maintenance, reaches €200 million (+54 %).
The group expects an annual jet-fuel bill of €9.3 billion. It is hedged at about 86% for passenger airlines in 2026, and at more than 60% for 2027.
The group tightens its full-year adjusted EBIT guidance to between €1.7 billion and €2 billion.
« Where we will position ourselves within this range will depend not only on fuel costs and demand, but especially on Lufthansa Cargo’s results in the fourth quarter », says Till Streichert, Chief Financial Officer, in the release.
The group expects an annual jet-fuel bill of €9.3 billion. It is hedged at about 86% for passenger airlines in 2026, and at more than 60% for 2027.
The group tightens its full-year adjusted EBIT guidance to between €1.7 billion and €2 billion.
« Where we will position ourselves within this range will depend not only on fuel costs and demand, but especially on Lufthansa Cargo’s results in the fourth quarter », says Till Streichert, Chief Financial Officer, in the release.
