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Stock impact report

Hundreds of 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 did not initially provide a ?number of affected connections and passengers, but said that the strike action is leading to "extensive cancellations". 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. Pilots are in conflict with Lufthansa's namesake core airline and its cargo division over pensions. The union's memb Show less Read more
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