Rudi,
i read that one reason why LH has been so profitable is because they correctly anticipated (supposedly better than any airline) the rapid increase in oil prices and buffered enough oil to keep them going for almost a year.
if my memory serves me correctly Der Spiegel and Focus wrote about this.
From what i understand they also signed up over 100,000 LH credit card members which of course is a completely new source of revenue for LH.
Business wise they seem to be making all the right moves.
I agree whole heartedly that competition seems to be be what LH needs.