Yes, the point went well over the head Fargoo is banging
A very quick scan of LH's most recent financial statements suggests that the airline part of their business is just as knackered as BA, in fact it looks like BA are cuttings costs better than LH. LH appears to have its fingers in a few other pies and that has helped them make money.
Who knows what BMI will bring to the party, seems like LH is going to pare them to the bone, and BA is talking about buying up their slots. What a joke