Stock Market News
Lufthansa says negotiations ongoing after pilots threaten strike
2022.08.01 11:10
Lufthansa ground staff of Frankfurt Airport stage a warning strike over 9.5 % pay claim by Germany’s public sector workers union Verdi, prompting the cancellation of more than 1,000 flights and adding to travel disruptions during the busy summer travel se
BERLIN (Reuters) – Lufthansa said on Monday it was striving to solve a pay dispute with pilots in ongoing negotiations, after the union representing them threatened strike action.
Pilots at the German flagship carrier voted on Sunday by a margin of 97.6% in favour of industrial action, although the VC union has said this does not necessarily mean a strike will be held and called for constructive steps to be taken.