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Stock impact report

Almost 800 Lufthansa flights cancelled as pilots, cabin crew walk out [Yahoo! Finance Canada]

DEUTSCHE LUFTHANSA S/ADR (DLAKY) 
NASDAQ:AMEX Investor Relations: investor-relations.lufthansagroup.com/en.html
The company said in a statement that close to 800 flights had been cancelled, disrupting the ?travel plans of about 100,000 passengers. This "affects our passengers extremely harshly and disproportionately," it said, adding it expects a return to its normal schedule on Friday. German airport association ADV estimated that more than 460 flights will be cancelled, with almost 70,000 passengers affected. Departure ?boards for Frankfurt and Munich, ?Lufthansa's hubs in Germany, showed most flights were cancelled for the day, including to overseas destinations. Lufthansa earlier said it would try ?to rebook passengers on its other airlines or partner airlines before returning to its normal schedule on Friday. The walkout, organised by pilots' union VC and flight attendants' union ?UFO, comes ?as the Berlinale film festival starts in ?the German capital on Thursday, and ?politicians and military officials gather for the Munich Security Conference, which will commence on Friday. Show less Read more
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