Lufthansa with EUR 15 M in Losses over Strike

Business | April 23, 2013, Tuesday // 12:41
Lufthansa with EUR 15 M in Losses over Strike: Lufthansa with EUR 15 M in Losses over Strike Lufthansa is expected to fully return to its normal schedule on Wednesday. Photo by EPA/BGNES

The Lufthansa strike that grounded about 1 700 flights on Monday has cost the German flag carrier EUR 15 M in losses.

Only 30 of all scheduled flights serving local lines or mid-distances in Europe departed Monday, with the strike affecting a total of 150 000 passengers.

The Verdi trade union, representing 33 000 employees of Lufthansa, informed last Friday they had made the decision to call a strike with demands of higher wages than the ones proposed by the management, which were labeled "scandalous."

The management's proposal was to up salaries by 1.2% in October and by an additional 0.5% in 2014.

The union further opposes the 29-month labor contracts, which do not guarantee job security.

Verdi want a 5.2% wage increase for all cabin crews and employees of Lufthansa Cargo, Lufthansa Technik, Lufthansa Systems, and the catering unit LSG Sky Chefs, along with job security guarantees.

The next round of negotiations between the trade union and the management is scheduled for the end of April.

Flights between the Bulgarian capital Sofia and Frankfurt and Munich are on time Tuesday.

Lufthansa is expected to fully return to its normal schedule on Wednesday.

 

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Tags: Verdi, trade union, passengers, Frankfurt, Munich, Berlin, airports, Strike, cabin crew, cancellations, sofia

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