Lufthansa Stock Tumbles 10.8% as Iran War Hits Profit
Lufthansa shares fell 10.8% after the company cut its 2026 outlook for adjusted operating profit to 1.7 billion to 2.2 billion, replacing prior guidance that pointed to meaningful profit growth above 1.96 billion in 2025. The update cited higher fuel costs tied to the Iran conflict and longer customer booking lead times. Second-quarter profit missed expectations.
