Being the honorable member of DAX index and gigantic employer, Lufthansa is too big to fail.
Though its stock prices dropped significantly, the enterprise will receive as many bailouts as needed. It's not a mom & pop shop that went bankrupt during the lockdown, that one is much more important (hope you feel that irony).
For us, however, its cheap price gives a perfect chance to make a great investment decision. "Buy low, sell high" remember?