Lufthansa pilots call for walkouts

Lufthansa pilots turned up the pressure on management in a dispute over early retirement provisions Monday by calling a fourth day of walkouts, the latest challenge to cost-cutting at Europe's older airlines, reports AFP.
Just a day after pilots at French flag carrier Air France ended their longest-ever strike, Lufthansa pilots announced nearly a full-day of stoppages on long-haul flights out of Frankfurt for Tuesday.
The pilots' union Vereinigung Cockpit called on its members to strike on long-haul flights departing from Germany's busiest airport between 8:00 am and 11:00 pm (0600-2100 GMT). 
Lufthansa pilots are striking over changes to their retirement benefits, which are being brought in as part of deep structuring by the German carrier in recent years to bring down costs.
Pilots can currently take paid early retirement from the age of 55. They are fighting a plan by the airline to raise the minimum age and to involve pilots in the financing of their pensions.
Cockpit already grounded thousands of flights of its parent company Lufthansa during three days of strikes in March and April, costing the airline around 60 million euros ($76 million).
The walkouts come as Europe's long-established airlines are feeling the heat of cut-throat competition from low-cost rivals and stricter regulation.
"The environment within the sector has become more difficult," said DZ Bank analyst Dirk Schlamp, questioning whether the current early retirement provisions were "really very appropriate in this day and age".

Comments

Popular posts from this blog

UBTH @50: Obaseki hails institution’s role in strengthening Edo healthcare

NBC has no powers to impose fine on broadcast stations --Court