Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

Lufthansa’s Discover gets its first wage deal, even though there is a fear of a strike.

Listen to the article now

EU Investigates Alleged Greenwashing by Air France and Lufthan

Lufthansa’s Ad Banned in UK for Greenwashing –

Lufthansa’s Disco Lufthansa’s leisure subsidiary, Discover Airlines, has agreed to raise pay for workers in the cockpit and the cabin. This is the first collective bargaining agreement the company has had since it started running in 2021, according to the union and the company.
Both sides said the deal is good until the end of 2027 and covers 500 people who work in the cockpit and 1,400 people who work in the cabin.
The staff’s Verdi union said that the deal with Discover Airlines would mean pay raises of up to 38% for cabin crew and at least 16% for pilots.

Discover praised the agreement, which has a term of more than three years, as a safety net for passengers’ journey plans after years of strikes at different airlines.
Bernd Bauer, CEO of Discover Airlines, said that the deal was a big step forward for the young airline but that there were some bad things about it as well.
Bauer wrote in a blog post, “We must not ignore the fact that the agreement also comes with significant cost burdens and restrictions on our planning flexibility.”

Even though Verdi reached a deal, there is still a chance that there will be more strikes because other unions are protesting and want their own collective bargaining agreements.
The company says that strikes at Lufthansa and its subsidiaries have cost the group almost $500 million in earnings. These losses include secondary effects, like customers staying away from the airline.


Comment Template

You May Also Like

Business

In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...

Technology

Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...

Economy

Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...

Politics

  Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok