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Stock impact report

Lufthansa, union agree wage deal for ground staff [Reuters]

DEUTSCHE LUFTHANSA S/ADR (DLAKY) 
NASDAQ:AMEX Investor Relations: investor-relations.lufthansagroup.com/en.html
Company Research Source: Reuters
Lufthansa, union agree wage deal for ground staff | Reuters Reuters Staff 1 Min Read BERLIN, Feb 7 (Reuters) - Lufthansa and trade union Verdi have agreed a new collective labour deal for around 30,000 ground staff, the two sides said on Wednesday. That means Lufthansa now has collective pay deals in place with all of its major staff groups in Germany, reducing the risk of strikes. The latest deal applies to ground staff at Lufthansa, Lufthansa Cargo, maintenance unit Lufthansa Technik and catering business LSG Sky Chefs in Germany. The wage deal, which runs from Jan. 1, 2018 to Sept. 30, 2020, sees a pay increase of up to 6 percent in two stages in 2018 and 2019. The second increase is partly dependent on the profit achieved by the relevant Lufthansa unit. Reporting by Victoria Bryan; Editing by Maria Sheahan All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Lufthansa, union agree wage deal Show less Read more
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