Skip to main content
NTv Online

Business

Business
  • Budget
  • Economy
  • Industry
  • Markets
  • More
  • Service
  • Tech
  • Bangla Version
  • Archive
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangla Version
  • Archive
Follow
  • Business
AFP
24 November, 2016, 21:34
Update: 24 November, 2016, 21:34
More News
Tax return course software to hit market soon
Paying Jalalabad gas bills become easier through bKash
Chartered Institute of Management Accountants celebrates centenary year
Rubana Huq elected first female BGMEA president
PM opens digital financial service ‘Nagad’

Lufthansa axes 830 flights as strike stretches to third day

AFP
24 November, 2016, 21:34
Update: 24 November, 2016, 21:34

Berlin, Germany: German flagship carrier Lufthansa said it is scrapping 830 flights Friday, grounding more than 100,000 passengers, as a strike by pilots over wages extends to a third day.

The walkout -- the 14th since April 2014 -- has affected more than 315,000 passengers, with the airline forced to cancel 2,618 flights over three days. 

The Lufthansa pilots going on strike are demanding a pay rise of an average of 3.66 percent per year, retroactive for the past five years.

Their union says pilots have endured a wage freeze over that time and suffered a "significant loss of purchasing power" due to inflation, while Lufthansa has made billions in profits.

It had offered a 2.5 percent wage hike, which the Cockpit union dismissed as "not even worth negotiating on".

Lufthansa's hub management board member Harry Hohmeister said Thursday it was "not possible" to meet the pilots' demand for a bigger wage hike.

"The starting point is that we already pay our pilots far better than our competitors," he said.

Affected passengers can rebook their flights without charge or request rail travel vouchers, the airline said.

It has also reserved thousands of hotel rooms for stranded travellers, while camp beds have been set up at Frankfurt airport for passengers who do not have a valid visa to enter Germany.

Austrian Airlines and Swiss tried to pick up some of the slack by expanding their service to Germany.  

Bild daily said the strike costs the airline some 10 million euros ($10.5 million) a day, in addition to the knock to Lufthansa's brand image.

- 22,000 euros a month -

Lufthansa has urged Cockpit to work towards a resolution rather than escalate the dispute but failed to win a court order to block the strike, as it managed to do one year ago.

"Cockpit's demand for a pay rise... goes far above what other groups of employees have received. It is incomprehensible why the union is seeking the highest salary increase for the best paid group of employees," said Bettina Volkens, Lufthansa's human resources chief.

A pilot in the top seniority category can earn more than 22,000 euros ($23,000) per month.

Lufthansa has been battling a series of walkouts by both cabin crew and pilots over the last two years, as it aims to bring down costs to survive competition from low-cost rivals such as EasyJet and Ryanair.

Lufthansa has responded by focusing on long-haul flights and catering to business and first-class passengers.

In July, it brought an end to the long-running industrial dispute with cabin crew through a deal on pay and working conditions, including a no-strike agreement and job guarantees until 2021.

Lufthansa group's other airlines -- Germanwings, Swiss, Austrian Airlines, Air Dolomiti and Brussels Airlines -- are not affected by this week's strike.

Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal
Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal

Follow Us

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Browse by Category

  • About NTV
  • NTV Programmes
  • Advertisement
  • Web Mail
  • NTV FTV
  • Satellite Downlink
  • Europe Subscription
  • USA Subscription
  • Privacy Policy
  • Terms & Conditions
  • Contact

Our Newsletter

To stay on top of the ever-changing world of business, subscribe now to our newsletters.

* We hate spam as much as you do

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Reproduction of any content, news or article published on this website is strictly prohibited. All rights reserved