Lufthansa faces turbulent times as strikes, fuel costs mount

Lufthansa is holding its annual shareholder meeting as the airline navigates multiple operational challenges, according to German public broadcaster Tagesschau.

The carrier faces strikes from staff, rising kerosene costs, and the pending acquisition of Italian airline ITA. Shareholders are concerned about the company's ability to manage these concurrent pressures.

Lufthansa management is expected to outline strategic adjustments to address the turbulent conditions. The ITA acquisition remains a key focus as the airline seeks to expand its European footprint despite near-term headwinds.