Lufthansa’s Earnings Beat Forecasts After Strong Summer

Deutsche Lufthansa reported earnings ahead of analysts’ expectations for the third quarter after what it called a record summer, and said it expects demand for air travel to remain strong in the coming months, even in premium cabins.

The German carrier group on Thursday posted revenue of 10.28 billion euros ($10.87 billion) for the three months to the end of September, up 8% on year. The group’s airlines, which include Swiss, Austrian Airlines, Brussels Airlines and Eurowings aside from the eponymous Lufthansa, carried more than 38 million passengers in the quarter compared with 33 million in last year’s third quarter.