Lufthansa scoops fuel management award

Lufthansa has again received an award from the Armbrust Aviation Group for having
the best fuel management strategy in the airline industry. The fuel suppliers who
took part in the survey ranked Lufthansa first in seven of the eight individual
categories, including “Best staff”, “Attention to quality & operations” and “Most
innovative”.

“Our long-term approach, which takes account of the entire fuel management process,
is paying off,” said Helmut Fredrich, Head of Fuel Management at Lufthansa.

Since 1990 the Lufthansa Group has pursued a successful policy of hedging its fuel
requirement against adverse fluctuations in the price of oil. To date, this has
resulted in cost savings totalling more than 1.5 billion euros.
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