Earnings GuidanceThe company has recently reduced the full year EBIT guidance to €1.4-1.8bn, from €2.2bn due to the mixed trading outlined above and also inefficiency at the German mainline, most of all due to the delayed delivery of B787 aircraft.
Macroeconomic FactorsMacroeconomic weakness and geopolitical tensions could curb discretionary spending on travel, leading to potential reductions in travel spending by households.
Operational DisruptionsOperational disruptions from strikes, unscheduled engine maintenance, and delayed deliveries are expected to continue, leading to management revising the full-year outlook downwards.