Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Lufthansa Agrees To Fresh Labor Talks With Pilots

Published 04/08/2014, 08:19 AM
Updated 04/08/2014, 08:45 AM
Lufthansa Agrees To Fresh Labor Talks With Pilots

By Reuters - (Reuters) - German carrier Lufthansa (LHAG.DE) said it had agreed to meet with pilots' union VC on Thursday to discuss their demands for an early retirement scheme and higher pay.
 
The aim of the meeting was to define the next steps and lay the grounds for negotiations, a spokesman for the German flagship carrier said on Tuesday, adding that there would be no new offer.
 
"We will take up talks on the basis of the offer on the table. We are convinced it has enough substance to develop a solution," the spokesman said.
 
Last week, Lufthansa's pilots, which are organized in the VC union, went on strike for three days to underline their demands.
 

© Alberto Riva. A Boeing 747-8i sits in a Lufthansa maintenance hangar at the Frankfurt airport in June 2013.

The airline canceled a total of 3,800 flights and said the strike would cost it a high double-digit million euro amount.
 
(Reporting by Kirsti Knolle; Editing by Maria Sheahan)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.