Lufthansa's Germanwings fails in bid to avert cabin crew strike By Reuters

Lufthansa's Germanwings fails in bid to avert cabin crew strike

Stock MarketsDec 28, 2019 02:31PM ET

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Lufthansa's Germanwings fails in bid to avert cabin crew strike

FRANKFURT (Reuters) - An attempt by Deutsche Lufthansa (DE:LHAG) to avert a planned cabin crew strike at the airline's Germanwings unit failed on Saturday as their trade union rejected management concessions as insufficient.

An offer by Lufthansa's short-haul budget division to enter mediation and make concessions on part-time working was jilted by cabin crew union UFO, which said it would proceed with the strike from Monday to Wednesday next week as announced on Friday.

The strike is an escalation of a months-long dispute with Lufthansa and its subsidiaries over pay and pensions.

Lufthansa cabin crew struck for two days in November, resulting in the cancellation of one in five flights, affecting around 180,000 passengers and costing the airline between 10 and 20 million euros ($11-$22 million).

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