← Deutsche Lufthansa overview

Deutsche Lufthansa vs ANA: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Deutsche Lufthansa AG (LHA.XETRA)

Q3 2026
▼3▲1

Fuel shock and Iran war hit Lufthansa profit; TAP bid offers growth

  • Lufthansa cuts profit outlook as fuel costs bite Lufthansa slashed its full-year profit forecast to €1.7–2.2bn and Q2 profit halved to €383m, missing expectations. The culprit: volatile jet fuel prices from Middle East tensions. Higher costs eat directly into earnings, pushing the stock down.

    This is the core company-specific event that reset profit expectations and drives the negative price reaction.

  • Iran war keeps fuel costs high, forcing route cuts Six months into the Iran war, Brent crude remains about 20% above prewar levels. Airlines including Lufthansa are raising fares and cutting routes — Lufthansa axed 20,000 short-haul flights. High fuel costs and reduced capacity pressure profits and the share price.

    It explains the persistent macro force behind Lufthansa's cost problem and shows the scale of operational response.

  • Ryanair warning and Barclays downgrade highlight sector fuel pain Ryanair cut its winter traffic target and warned less-hedged rivals may struggle, while Barclays kept Lufthansa at Underweight, doubting airlines can pass on fuel costs. This reinforces fears that Lufthansa's fuel bill — up $2bn this year — will keep weighing on earnings.

    It shows the fuel problem is sector-wide and that analysts see limited ability to offset costs, adding downward pressure on Lufthansa shares.

  • Lufthansa submits improved bid for TAP stake Lufthansa and Air France-KLM improved their binding bids for a 44.9% stake in Portugal's TAP, with a decision due mid-October. Winning would expand Lufthansa's network and strengthen its competitive position, a potential positive for the stock.

    It is the main company-specific positive catalyst in the period, offering a growth path that could offset some fuel-driven negativity.

August 2026
▼3▲1

Fuel shock and Iran war hit Lufthansa profit; TAP bid offers growth

  • Lufthansa cuts profit outlook as fuel costs bite Lufthansa slashed its full-year profit forecast to €1.7–2.2bn and Q2 profit halved to €383m, missing expectations. The culprit: volatile jet fuel prices from Middle East tensions. Higher costs eat directly into earnings, pushing the stock down.

    This is the core company-specific event that reset profit expectations and drives the negative price reaction.

  • Iran war keeps fuel costs high, forcing route cuts Six months into the Iran war, Brent crude remains about 20% above prewar levels. Airlines including Lufthansa are raising fares and cutting routes — Lufthansa axed 20,000 short-haul flights. High fuel costs and reduced capacity pressure profits and the share price.

    It explains the persistent macro force behind Lufthansa's cost problem and shows the scale of operational response.

  • Ryanair warning and Barclays downgrade highlight sector fuel pain Ryanair cut its winter traffic target and warned less-hedged rivals may struggle, while Barclays kept Lufthansa at Underweight, doubting airlines can pass on fuel costs. This reinforces fears that Lufthansa's fuel bill — up $2bn this year — will keep weighing on earnings.

    It shows the fuel problem is sector-wide and that analysts see limited ability to offset costs, adding downward pressure on Lufthansa shares.

  • Lufthansa submits improved bid for TAP stake Lufthansa and Air France-KLM improved their binding bids for a 44.9% stake in Portugal's TAP, with a decision due mid-October. Winning would expand Lufthansa's network and strengthen its competitive position, a potential positive for the stock.

    It is the main company-specific positive catalyst in the period, offering a growth path that could offset some fuel-driven negativity.

Latest
▼3▲1

Fuel shock and Iran war hit Lufthansa profit; TAP bid offers growth

  • Lufthansa cuts profit outlook as fuel costs bite Lufthansa slashed its full-year profit forecast to €1.7–2.2bn and Q2 profit halved to €383m, missing expectations. The culprit: volatile jet fuel prices from Middle East tensions. Higher costs eat directly into earnings, pushing the stock down.

    This is the core company-specific event that reset profit expectations and drives the negative price reaction.

  • Iran war keeps fuel costs high, forcing route cuts Six months into the Iran war, Brent crude remains about 20% above prewar levels. Airlines including Lufthansa are raising fares and cutting routes — Lufthansa axed 20,000 short-haul flights. High fuel costs and reduced capacity pressure profits and the share price.

    It explains the persistent macro force behind Lufthansa's cost problem and shows the scale of operational response.

  • Ryanair warning and Barclays downgrade highlight sector fuel pain Ryanair cut its winter traffic target and warned less-hedged rivals may struggle, while Barclays kept Lufthansa at Underweight, doubting airlines can pass on fuel costs. This reinforces fears that Lufthansa's fuel bill — up $2bn this year — will keep weighing on earnings.

    It shows the fuel problem is sector-wide and that analysts see limited ability to offset costs, adding downward pressure on Lufthansa shares.

  • Lufthansa submits improved bid for TAP stake Lufthansa and Air France-KLM improved their binding bids for a 44.9% stake in Portugal's TAP, with a decision due mid-October. Winning would expand Lufthansa's network and strengthen its competitive position, a potential positive for the stock.

    It is the main company-specific positive catalyst in the period, offering a growth path that could offset some fuel-driven negativity.

ANA Holdings Inc. (9202.JP)

Q3 2026
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.

August 2026
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.

Latest
▼2▲1

ANA's profit squeezed by fuel costs; schedule pact and safety probe shape outlook

  • Fuel costs crush quarterly profit despite record revenue ANA's April–June revenue hit a record 672.7 billion yen, up 22.6%, but operating profit fell 43.5% to 20.7 billion yen as fuel costs and taxes jumped 86.9 billion yen. The full-year forecast and a dividend cut to 60 yen were kept unchanged, so the profit squeeze is the main drag on the shares.

    This is the period's core earnings event and the biggest force pushing 9202.JP down.

  • Fuel surcharges falling as jet fuel prices ease ANA and JAL will cut international fuel surcharges to about 50,000–55,000 yen for September–October tickets, down from a record 65,000 yen, because jet fuel prices have fallen. Lower surcharges trim revenue per ticket, but cheaper fuel eases the cost pressure that crushed profits, so the net effect is mixed.

    It shows the fuel-cost swing working in both directions on ANA's revenue and margins.

  • First-ever schedule coordination with JAL on domestic routes ANA and rival JAL will coordinate Haneda–Okayama departure times from late October, avoiding overlaps to lift load factors on money-losing domestic routes. Regulators signalled this does not break antitrust rules, opening the door to similar cooperation elsewhere and improving domestic profitability.

    It is a new structural change that could improve ANA's weakest business, domestic routes.

  • Naha emergency evacuation classified a serious incident An ANA Boeing 737-800 turned back to Naha with engine trouble and passengers evacuated by slide; three people had minor injuries. Regulators classified it a serious incident and are investigating. Such events can bring scrutiny, repair costs and reputational risk, weighing on sentiment even if operations continue normally.

    It is the period's newest safety event and a fresh risk to ANA's reputation and regulatory standing.