BRIEF-Lufthansa Cityline, Vereinigung Cockpit agree on pay for 650 pilots [Reuters]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
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Source: Reuters
BRIEF-Lufthansa Cityline, Vereinigung Cockpit agree on pay for 650 pilots | Reuters 1 Min Read Oct 12 (Reuters) - Deutsche Lufthansa AG: * LUFTHANSA CITYLINE AND PILOTS’ UNION VEREINIGUNG COCKPIT HAVE AGREED ON NEW EMPLOYMENT CONDITIONS FOR THEIR APPROX. 650 PILOTS * COME 2019, LUFTHANSA CITYLINE WILL START OPERATING A320 FAMILY PLANES TAKEN OVER FROM LUFTHANSA * FIRST A319-100 AIRCRAFT WILL DEPART FROM MUNICH HUB NEXT SPRING. ANOTHER 5 AIRCRAFT WILL FOLLOW BY END OF 2020 * PARTIES HAVE AGREED ON AN EXTENSIVE PACKAGE INCLUDING MODERATE SALARY INCREASE FOR NEXT THREE YEARS AND A GROWTH-RELATED INCREASE FOR 2021 * ESSENTIAL POINTS OF STRUCTURE OF COMPANY PENSION PLAN WILL BE ADAPTED TO REGULATIONS FOR LUFTHANSA’S MAINLINE STAFF * PACKAGE THUS OPENS UP IMPORTANT NEW GROWTH PROSPECTS Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. BRIEF-Lufthansa
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