Lufthansa, cabin crew union reach pay deal to end string of German aviation disputes [Globe and Mail, The (Toronto, Canada)]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
NASDAQ:AMEX Investor Relations:
investor-relations.lufthansagroup.com/en.html
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Source: Globe and Mail, The
Last month, the Ver.di union secured a pay raise totaling an average 12.5 per cent over two years for some 25,000 Lufthansa ground staff following an arbitration process. There will be bigger raises for some lower earners. Earlier this week, a separate dispute involving security staff at most major German airports and their employers was resolved. That deal, also reached after arbitration, foresees raises totaling 13.1 per cent to 15.1 per cent over 15 months. All three disputes led to strikes in recent months that caused widespread flight cancelations. The disruption was compounded by lengthy strikes caused by a simultaneous dispute between Germany's main railway operator, Deutsche Bahn, and a union representing many of its train drivers. That was resolved last month with a deal that will see the working week of drivers and some other personnel reduced from 38 hours to 35 by 2029 without having their pay cut. They will have an option to work longer for more money. Sign up fo
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