Deutsche Lufthansa AG reported record revenue of €10.7 billion in the third quarter, citing robust demand for premium travel as a key factor.
The airline expects to increase capacity in the fourth quarter and reported strong demand trends, especially in business and first-class bookings.
Citigroup analysts view the pricing and booking trends positively, although Lufthansa's adjusted operating profit guidance has been revised downward due to challenging conditions.
Struggling with high costs and competition, Lufthansa has begun a savings plan that includes phasing out older aircraft in the coming years.
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