--- title: "Lufthansa CEO expects higher jet fuel costs to exceed €1.5bn" publication: "MediaBias News" url: "https://mediabias.news/business/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn" api: "https://mediabias.news/api/v1/stories/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn" markdown: "https://mediabias.news/business/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn.md" audio: "https://mediabias.news/api/audio/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn" category: "Business & Economy" published: "2026-09-29T11:46:22.727Z" source_reported: "2026-09-29T10:32:00.000Z" updated: "2026-09-29T11:46:22.727Z" trust_score: 42 critic_score: 45 hype_score: 41 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-09-29T11:45:23.336181+00:00" --- # Lufthansa CEO expects higher jet fuel costs to exceed €1.5bn *Carsten Spohr attributes rising expenses to the Iran war and increased oil prices.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 42 of 100, higher is better. One full report and one Reuters report, with 17 digests, provide limited corroboration. - Craft 45 of 100, higher is better. The reporting is competent but lacks depth, with most outlets providing only digests. - Hype 41 of 100, lower is better. Headlines and digests use strong language like 'severe financial consequences' and 'drastically exceed'. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Lufthansa CEO Carsten Spohr stated that additional jet fuel costs for the year will exceed the €1.5 billion previously forecast. - The increased fuel costs are attributed to the Iran war and rising oil prices. - Spohr reaffirmed Lufthansa's operating profit forecast of €1.7 billion to €2.2 billion for 2026. - Lufthansa has implemented extensive jet fuel hedging strategies to mitigate price volatility. Lufthansa CEO Carsten Spohr expects the airline's additional jet fuel costs for the current year to surpass the €1.5 billion figure that was flagged in August. Spohr attributed these rising expenses to the ongoing Iran war and a spike in oil prices. He made these remarks to journalists in Frankfurt on Monday evening. Despite these increased costs, Spohr reaffirmed Lufthansa's forecast for an operating profit between €1.7 billion and €2.2 billion for 2026. The airline has employed extensive jet fuel hedging strategies to shield itself from price volatility. ## Disagreement on total fuel cost forecast In August, Lufthansa reported that total fuel costs for 2026 were expected to reach €8.66 billion. However, the full report from nachrichten.at states that Spohr indicated the figure for additional costs would be higher than the €1.5 billion. None of the other reports provided a specific updated figure for total fuel costs. ## What the coverage left out None of the right-rated reports mention the total fuel cost forecast of €8.66 billion for 2026 that Lufthansa reported in August. The full report from nachrichten.at included this figure, stating that Spohr had previously reported it. None of the right-rated reports mention the specific hedging ratio for 2026 (86%) or 2027 (over 50%) that Lufthansa Chief Financial Officer Till Streichert provided in August, as reported by The Star Kuala Lumpur. ## Who covered it Shares of the 7 covering outlets with a published leaning rating: - Left: 14% (1) - Centre: 15% (1) - Right: 71% (5) 12 of 19 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-29T11:45:23.336181+00:00. **Coverage watch:** developing. Checked 1 time; 0 checks found a material change. Most recently checked 2026-09-29T12:00:25.274Z. ## How the sides framed it ### Left - The left-rated report from Zeit Online led with the consequences of the Iran war for Lufthansa's fuel costs. It noted that Lufthansa CEO Carsten Spohr expects even higher kerosene costs due to the conflict. The report stated that this information was available on the topic of the Iran War. ### Centre - The centre-rated report from Reuters focused on Lufthansa's CEO stating that jet fuel costs would exceed the €1.5 billion forecast. It highlighted Spohr's comments on the Iran war and oil price spikes as reasons for the increased expenses. The report also mentioned Lufthansa's hedging strategies and reaffirmed the operating profit forecast. ### Right - The right-rated reports from The Star Kuala Lumpur, Interfax.ru, Kronen Zeitung, Kurier, and Handelsblatt all led with Lufthansa CEO Carsten Spohr's expectation of higher jet fuel costs exceeding the €1.5 billion forecast. These reports attributed the increase to the Iran war and rising oil prices. Several mentioned that Spohr stated the final figure would be higher than previously reported. The Star Kuala Lumpur and Kurier noted that Lufthansa responded with higher ticket prices. The Star Kuala Lumpur also mentioned the boom in bookings for premium cabins and that the airline's turnaround program has been impacted by spiralling costs. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 1 - high: 4 - unknown: 12 - veryHigh: 2 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Interfax.ru](https://interfax.ru/business/1119143) — Lufthansa Awaits Another Difficult Year Due to Rising Oil Prices and Fleet Problems - [poslovni.hr](https://poslovni.hr/svijet/lufthansa-upozorava-na-teske-financijske-posljedice-troskovi-goriva-drasticno-premasuju-dosadasnje-procjene-4557055) — Lufthansa Warns of Severe Financial Consequences: Fuel Costs Drastically Exceed Estimates - [Telegraf – Najnovije vesti](https://biznis.telegraf.rs/info-biz/4405438-skuplje-gorivo-utice-na-lufthanzin-plan-oporavka-za-period-od-2028-do-2030) — More Expensive Fuel Affects Lufthansa's Recovery Plan for the Period 2028-2030. - [Kronen Zeitung](https://krone.at/4313708) — Lufthansa CEO Expects Even Higher Kerosene Costs - [1prime.ru](https://1prime.ru/20260929/uvelichenie-873756316.html) — Lufthansa Expects an Increase in Aviation Fuel Costs in 2026 - [nachrichten.at](https://nachrichten.at/wirtschaft/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten;art15,4216803) — Lufthansa CEO Expects Even Higher Kerosene Costs - [alborsaanews.com](https://alborsaanews.com/2026/09/29/1995821) — Lufthansa Expects to Exceed the Additional Fuel Bill of Euro1.5 Billion. - [wiwo.de](https://wiwo.de/unternehmen/dienstleister/folgen-des-iran-kriegs-lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten/100258211.html) — Lufthansa CEO Expects Even Higher Kerosene Costs as a Result of the Iran War - [Kurier](https://kurier.at/wirtschaft/kerosin-flugtickets-preise-lufthansa-carsten-spohr/403194531) — "Number Will Be Higher": Lufthansa CEO Expects Rising Kerosene Costs - [Reuters](https://reuters.com/business/energy/lufthansa-ceo-says-jet-fuel-hit-top-15-billion-forecast-2026-09-29) — Lufthansa CEO says jet fuel hit to top €1.5 billion forecast - [vienna.at](https://vienna.at/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten/10501619) — Lufthansa CEO Warns Against Rising Kerosene Costs - [op-online.de](https://op-online.de/wirtschaft/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten-zr-94515414.html) — Lufthansa CEO Expects Even Higher Kerosene Costs - [Handelsblatt](https://handelsblatt.com/unternehmen/dienstleister/luftfahrt-lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten/100258208.html) — Aviation: Lufthansa CEO Expects Even Higher Kerosene Costs - [The Star Kuala Lumpur](https://thestar.com.my/business/business-news/2026/09/29/lufthansa-ceo-says-jet-fuel-hit-to-top-15-billion-forecast) — Lufthansa CEO says jet fuel hit to top €1.5 billion forecast - [RN](https://ruhrnachrichten.de/dpa-infoline-zvr/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten-w1254627-2002246278) — Lufthansa CEO Expects Even Higher Kerosene Costs - [BizToc](https://biztoc.com/x/e61efa0b85ca95fa) — Lufthansa CEO says jet fuel hit to top €1.5 billion forecast - [onetz.de](https://onetz.de/deutschland-welt/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten-id5516163.html) — Lufthansa CEO Expects Even Higher Kerosene Costs - [Zeit Online](https://zeit.de/news/2026-09/29/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten) — Consequences of the Iran War: Lufthansa CEO Expects Even Higher Kerosene Costs - [noz.de](https://noz.de/deutschland-welt/wirtschaft/artikel/lufthansa-chef-erwartet-noch-hoehere-kerosin-kosten-51513452) — Lufthansa CEO Expects Even Higher Kerosene Costs ## Questions **How much will Lufthansa's additional jet fuel costs be this year?** Lufthansa CEO Carsten Spohr expects the additional jet fuel costs for this year to exceed the €1.5 billion previously flagged in August. He stated that the final figure reported at the end of the year would be higher, but did not provide a specific new total. **What is causing the increase in jet fuel costs?** Lufthansa CEO Carsten Spohr attributed the rise in jet fuel costs to the ongoing Iran war and a subsequent spike in global oil prices. These geopolitical factors have impacted the cost of aviation fuel. **What is Lufthansa's operating profit forecast for 2026?** Despite the anticipated increase in jet fuel costs, Lufthansa CEO Carsten Spohr reaffirmed the airline's forecast for an operating profit between €1.7 billion and €2.2 billion for the year 2026. This compares to an operating profit of €2.0 billion in the previous year. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn. Please cite as: MediaBias News, "Lufthansa CEO expects higher jet fuel costs to exceed €1.5bn", https://mediabias.news/business/lufthansa-ceo-expects-higher-jet-fuel-costs-to-exceed-15bn