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

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....

SEC DG: Capital Market Has Capacity to Fund Abuja Infrastructure Projects

Dr. Emomotimi Agama Director-General Securities and Exchange Commission (SEC) The Director-General of...

Mutual Benefits: Shareholders Back Strategic Growth Direction at 30th AGM

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life...

NGX, Brazilian Business Delegation Explore Areas of Collaboration, Partnership

WELCOME REMARKS BY ALHAJI (DR.) UMARU KWAIRANGA GROUP CHAIRMAN,...

Leadway’s Post-Recapitalisation Signals Era of Digital-First Insurance for Critical Sectors and Nigeria’s Next Generation

Leadway Assurance, Nigeria’s foremost insurance services provider and a...

Topics

World Bank, ITU Launch Global Financial Inclusion Initiative

A new global programme to advance research in digital...

PayU Nigeria Upgrades Online Payments with PayU Receive

Businesses in Nigeria can securely request and receive payments...

50 Countries Confirm Attendance at ASIS 2024

The Africa Social Impact Summit (ASIS) 2024 is set...

BRI: NASENI, Chinese Firms Sign MoU, Receives Letters of Intent for $2bn Investments 

At a ceremony attended by Vice President Kashim Shettima on...

Organic Solutions Targets 25, 000 Clients, Empower 5m Trainees in 5 Years

Mrs. Gloria Agudiegwu, Managing Director/CEO of Organic Solutions Nigeria...

NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel

The Nigerian Content Development and Monitoring Board (NCDMB) on...

Crown Flour Mill’s ‘Seeds for the Future’ Programme Achieves 1st-Year Target

Crown Flour Mill (CFM) Limited, the wheat milling subsidiary...

April CPI Prints at 12.5%… Persistent Dis-inflationary Trend a Compelling Case for MPR Cut

The National Bureau of Statistics (NBS) released Consumer Price...