Lufthansa's Germanwings fails in bid to avert cabin crew strike

FRANKFURT (Reuters) – An attempt by Deutsche Lufthansa (DE:) to avert a planned cabin crew strike at the airline’s Germanwings unit failed on Saturday as their trade union rejected management concessions as insufficient.

An offer by Lufthansa’s short-haul budget division to enter mediation and make concessions on part-time working was jilted by cabin crew union UFO, which said it would proceed with the strike from Monday to Wednesday next week as announced on Friday.

The strike is an escalation of a months-long dispute with Lufthansa and its subsidiaries over pay and pensions.

Lufthansa cabin crew struck for two days in November, resulting in the cancellation of one in five flights, affecting around 180,000 passengers and costing the airline between 10 and 20 million euros ($11-$22 million).

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.