Lufthansa: FCF Beat, Steady Execution, SOTP Still Compelling -- Buy Reaffirmed

2025-10-31 10:13:25 ET

Following our update on Deutsche Lufthansa AG's ( DLAKF ) ( DLAKY ) Capital Market Day, we provide a further update on the Q3 German flag carrier results. For our new readers, Lufthansa is one of the largest airlines, and its network airlines segment includes SWISS, ITA, Austrian, Brussels Airlines, and a low-cost operator called Eurowings. Additionally, Lufthansa offers aviation services such as Cargo, MRO, and catering....

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