Lufthansa forecasts 13% drop in fuel costs for 2015

Deutsche Lufthansa AG stated (12-Jan-2015) expecting 2015 fuel costs to decrease by EUR900 million, or 13%, following a EUR400 million drop in 2014. The forecast assumes a Brent crude price of USD68 per barrel in 2015. The carrier is 73% hedged for FY2015. [more - original PR]