Moneycontrol PRO
HomeNewsBusinessWire NewsLufthansa flight attendants to strike on Tuesday and Wednesday

Lufthansa flight attendants to strike on Tuesday and Wednesday

Lufthansa's new cabin crew union calls for strikes at Lufthansa and CityLine, demanding increased wages, scheduled for Tuesday and Wednesday.

March 10, 2024 / 07:51 IST
Lufthansa's cabin crew union plans to strike at Lufthansa and CityLine for two days to demand increased wages, posing potential disruptions.

Lufthansa's opens new tab cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay.

The UFO union of flight attendants said on Saturday that the strike, which was voted for by members, would affect departures from Frankfurt airport on Tuesday and departures from Munich on Wednesday.

Lufthansa said about 100,000 passengers would likely be affected.

The airline group warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as it struggles with costly labour disputes, offsetting a travel boom.

Europe's airlines have benefited from unprecedented demand since the pandemic, allowing them to raise prices, but higher labour and maintenance costs have limited earnings growth.

Lufthansa in particular has agreed to new, higher pay deals to end strikes, which analysts and investors say threaten its 2024 operating margin target.

On Thursday, Lufthansa ground staff walked off the job, while on Wednesday cabin crew voted to strike as they seek a 15% wage increase.

 

Reuters
first published: Mar 10, 2024 07:51 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347