Lufthansa says Eurowings to be back in the black by 2021

BERLIN (Reuters) - German airline Lufthansa said its Eurowings budget carrier should be back to profitability by 2021 as it reported better-than-expected third-quarter results, helped by cost cuts.Lufthansa said quarterly adjusted earnings before interest and taxation (EBIT) fell 8% to 1.3 billion euros ($1.44 billion), ahead of average analyst forecasts for 1.2 billion, while revenues rose 2% to 10.2 billion, also ahead of consensus.Lufthansa has reacted to tough competition from Ryanair and..