Fact: Airlines quickly changed flight paths over Iran, diverted to alternate airports, or returned planes to their departure points in response to airspace and airport closures after an Israeli attack on Iran.
Lufthansa slashed its 2024 earnings outlook, expecting adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros, down from a previous forecast of stable earnings compared to 2023. The airline reported a first-quarter loss of 849 million euros, with strikes impacting earnings by around 350 million euros. Lufthansa shares fell by more than 4 per cent to a five-month low.
Lufthansa extended the suspension of its flights to Tehran due to the situation in the Middle East, which is on alert for Iranian retaliation for a suspected Israeli air strike on Iran’s embassy in Syria. The region and the United States have been on alert for a retaliatory attack by Iran since April 1, when Israeli warplanes were suspected of bombing the Iranian embassy compound in Syria.