Lufthansa (LHA GY) CFO says expect that even at current prices, we will see a higher bill than we had predicted three or four weeks ago; bookings increased about 20% for this month
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US envoy to India says India PM Modi and US President Trump spoke about the importance of keeping the Strait of Hormuz open
UK Chancellor Reeves says UK has begun to release its share of GBP 13.5bln barrels of oil, will update on fuel pricing in the next month
Lufthansa (LHA GY) CFO says expect that even at current prices, we will see a higher bill than we had predicted three or four weeks ago; bookings increased about 20% for this month
Member of the Iranian National Security Commission says no proposal has been made by Iran to end the war and cease-fire, and Trump's claim to extend the 5-day deadline is due to the control of oil prices in the global markets
Canadian Manufacturing Sales MoM Prel (Feb) M/M 3.8%
On the Newsquawk feed at , 20 minutes before this page.
Context
Lufthansa's CFO's remarks suggest rising operational costs are expected, even with current pricing, pointing to tighter margins ahead. However, the increase in bookings by 20% indicates strong demand, which could support revenue growth despite higher expenditures. Traders should watch how these dynamics might affect the stock's performance and broader market sentiment, particularly in relation to European equities and the DAX.
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