5400 Lufthansa Pilots Set for Strike

On the 23rd of November, around 5400 pilots of German airline Lufthansa and its subsidiary Eurowings are planning to go on a 24 hour strike.

This is going to be the 14th protest after the wage-related dispute with the management began. The strike will affect both short- and long-haul flights, according to pilots’ union Vereinigung Cockpit.

According to union representatives, as the pay saw no increase during the last five years, the management should provide a retroactive increase of 3.66% per year.

Vereinigung Cockpit board member Jorg Handverg states that the management offered to increase the pilots’ pay by 2.5% for a 20-month period up to the end of 2018, which is viewed as a pay freeze by many union members.

A separate strike has been announced on the 22nd of November by Verdi union, which represents cabin crew workers of Eurowings, a subsidiary of Lufthansa. The carrier is reported to have cancelled more than 60 flights.

Hot this week

AFRACA-NIRSAL Masterclass Builds Financial Institutions’ Capacity for Climate, AI-Driven Agricultural Finance

The African Rural and Agricultural Credit Association (AFRACA), in...

Shell Reinforces Safety Commitment at CEO Contractors Forum

Shell leaders and Contractor CEOs at the Annual Shell...

Guinea Insurance Receives New Licence from NAICOM Post-Recapitalisation

L-R: Ademola Abidogun, Managing Director/CEO, Guinea Insurance Plc and...

AXA Mansard Reports N7.8bn H1 Profit, Capital Base Meets Recapitalisation Threshold

AXA Mansard Insurance Plc has sustained its growth momentum...

AXA Mansard Health Int’l Health Plan Covers Cancer, Other Chronic Health Conditions

 Mr. Tope Adeniyi CEO AXA Mansard Health AXA Mansard Health’s International Healthcare...

Topics

CTO Report: Public-Private Partnership Accelerate ICT Dev

The report of last month’s Commonwealth ICT Ministers Forum...

Saudi Job Reform, Falling Confidence Dent ME Handset Market

Falling consumer confidence and Saudi employment reforms continue to...

Malta to Chair 2016 Commonwealth ICT Ministers Forum

Engr. Shola Taylor, Secretary-General of the Commonwealth Telecommunications Organisation...

Business Leaders, Experts Meet to Discuss Economic Reforms Oct 12

Business leaders from various sectors will meet in Lagos...

Stanbic IBTC Tops List of Banks With Gender Balance In Executive Positions

  Stanbic IBTC Holdings PLC, a member of Standard Bank...

CIIN Tasks Insurance Professionals on Industry Revolution, Business Landscape

Sir Muftau Oyegunle, President, Chartered Insurance Institute of Nigeria...

LCCI: Nigeria Must Adopt Reforms to Unlock Fintech Potential, Lead Digital Financial Hub in Africa

L-R: Prince Cookey, Publisher/Editor-in-Chief, Business Journal Media Group; Mr....