Make earnings with no risk
Automated AI-driven system makes the trades, you earn the money
Join now

Agreement Reached on Pilots’ Pay in Lufthansa Labor Dispute


German labor group Vereinigung Cockpit has reached an agreement with Deutsche Lufthansa over pilots’ pay, bringing an end to a long-standing dispute. The deal, which will run until the end of 2026, includes significant benefits for pilots.

Under the agreed terms, Lufthansa’s approximately 5,200 pilots at both the passenger and cargo divisions will receive a minimum 18% increase in their base pay over the next three-and-a-half years. Additionally, the agreement ensures improved working conditions, including greater stability in shift scheduling and more consistent free-time planning.

This agreement comes after months of disagreements between the German carrier group and the union. Talks broke down, leading to walkouts and the cancellation of hundreds of flights, causing disruptions for passengers.

The aviation industry has been facing a labor shortage since last summer due to an unexpected surge in demand for seats following the Covid-19 pandemic. As operators raced to rebuild their networks, widespread staffing shortages resulted in months of travel chaos. However, the situation has gradually improved in recent times.

Insurers Face Increasing Threat from Secondary Perils

Previous article

U.S. Stock Futures Rise Ahead of Crucial Inflation Data

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News