Lufthansa Group has reported a severe deterioration in profitability, with adjusted EBIT falling by 56 percent.
The sharp decline is driven by a combination of soaring fuel costs linked to the ongoing war in Iran and operational disruptions from a week-long strike in April.
The carrier has subsequently revised its profit guidance downward, signaling that the financial headwinds are likely to persist through the current reporting period.
The results highlight the acute vulnerability of European airlines to geopolitical shocks in key flight corridors.
Rising kerosine prices, exacerbated by tensions in the Middle East, have compressed margins across the sector.
This comes as Wizz Air recently reported a similar profit slump, directly attributing its financial damage to the disruption of air travel across the Middle East due to the conflict.