STOCK MARKET UPDATE

Ticker

6/recent/ticker-posts

Pilots of German carrier Lufthansa set to stage another strike

 

The strike comes just days after the German airline was forced to cancel almost all its flights on Friday due to a pilots' walk-out, affecting 130,000 passengers.

With inflation soaring, collective salary bargaining is expected to be tense in the coming months across Europe.
With inflation soaring, collective salary bargaining is expected to be tense in the coming months across Europe. (Andre Pain / AFP)

A union representing pilots at German carrier Lufthansa are set to stage a two-day strike starting Wednesday unless the company makes a “serious” offer in talks over pay increases. 

"Despite announcements to the contrary, Lufthansa has not yet approached us and has not put forward a new offer," Vereinigung Cockpit union said in a statement on Tuesday.

"This is absolutely incomprehensible and leads to a further unnecessary escalation of the situation."

Passenger pilots will strike on Wednesday and Thursday, and cargo pilots from Wednesday through Friday. 


Union demands 

The Vereinigung Cockpit union, which groups more than 5,000 pilots has called for a 5.5 percent raise for its members this year and an inflation-busting 8.2 percent increase in 2023. 

Pilots are also seeking a new pay and holiday structure. 

The airline says those measures would increase its staffing costs by about 40 percent, or around 900 million euros ($900 million) over two years.

It has instead offered a one-off increase of 900 euros ($900), amounting to a 5 percent increase for senior pilots and an 18 percent increase for those starting the profession.


Source: TRTWorld and agencies 


Social media is bold. 

Social media is young.

Social media raises questions.

 Social media is not satisfied with an answer.

Social media looks at the big picture.

 Social media is interested in every detail.

social media is curious.

 Social media is free.

Social media is irreplaceable.

But never irrelevant.

Social media is you.

(With input from news agency language)

 If you like this story, share it with a friend!  

We are a non-profit organization. Help us financially to keep our journalism free from government and corporate pressure.

Post a Comment

0 Comments

Custom Real-Time Chart Widget

'; (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })();

market stocks NSC