Lufthansa to add environmental charge to fares

SUMMARY

Lufthansa will introduce an environmental charge of up to 72 euros ($77) on its fares to help cover the costs of new EU emission reduction rules. This surcharge, effective from June 26 for flights departing from January 1, 2025, onwards, will apply to all flights from EU countries, Britain, Norway, and Switzerland. The charge will vary between 1 euro and 72 euros depending on the ticket type. This move aligns with industry concerns about the increased costs of sustainable aviation fuel (SAF) and regulatory requirements aimed at reducing pollution. The news briefly impacted Lufthansa's share price, but it recovered later in the day.