Deutsche Lufthansa AG (LHAG.DE) Key Developments |
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Deutsche Lufthansa AG (LHAG.DE)

LHAG.DE on Xetra

30 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Deutsche Lufthansa AG - Cabin crew make new proposals in long-running Lufthansa talks - Reuters
Thursday, 15 Oct 2015 08:00pm EDT 

Deutsche Lufthansa AG:Germany's main cabin crew union has made a range of new proposals in long-running talks with Lufthansa over pay, pensions and working conditions, the German airline said on Friday - Reuters.The German carrier is currently negotiating with staff from various parts of its business as it tries to lower costs to compete more effectively with low cost carriers and Gulf rivals - Reuters."We will respond by Monday evening and we hope we can soon find a joint solution," a Lufthansa spokesman said of the proposals from a union called UFO that represents some 19,000 flight attendants - Reuters.The Lufthansa spokesman declined to give details of the cabin crew union proposals, which were first reported by German magazine Spiegel - Reuters.  Full Article

Deutsche Lufthansa AG pilots' union agree further talks - Reuters
Wednesday, 16 Sep 2015 08:00pm EDT 

Deutsche Lufthansa AG:Germany's Lufthansa and pilots' union Vereinigung Cockpit have agreed to further talks soon on the issue of early retirement benefits, the carrier said on Thursday - Reuters.The two sides have also agreed to bring in an external mediator if necessary, Lufthansa said in a statement - Reuters.The row between management and pilots over early retirement benefits has been going on for two years and has led to 13 strikes over the last 18 months. A previous attempt at mediation failed this summer - Reuters.The dispute escalated as Lufthansa started to expand low-cost services, though a court ruled last week that the pilots could not go on strike over the low-cost plans because that was a company decision and not a pay issue - Reuters.  Full Article

Deutsche Lufthansa AG flights return to normal after strike - Reuters
Wednesday, 9 Sep 2015 06:00pm EDT 

Deutsche Lufthansa AG:Lufthansa flights returned to normal on Sept.10 after a two-day strike by pilots locked in conflict with the German airline over cost cuts and pay - Reuters.A German court ruled on Sept.9 the pilots must halt their strike because it was not only over pay and retirement benefits but also over Lufthansa's plans for low-cost expansion, which is not part of the union's mandate in pay talks - Reuters.  Full Article

Deutsche Lufthansa AG seeks temporary injunction to halt pilot strike - Reuters
Monday, 7 Sep 2015 08:00pm EDT 

Deutsche Lufthansa AG:Lufthansa LHAG.DE has filed for a temporary injunction to halt strike action by pilots' union Vereinigung Cockpit, a spokesman for the airline said - Reuters.The union began a two-day walkout on Tuesday and has threatened further strikes in a long-running dispute over cost cuts, retirement benefits and pay - Reuters.Lufthansa has made applications for a temporary injunction at a court in Frankfurt, where its main hub is located, and in Cologne, where its company headquarters are registered - Reuters.  Full Article

Pilots' union VC says to strike at Deutsche Lufthansa AG- Reuters
Monday, 7 Sep 2015 01:45am EDT 

Deutsche Lufthansa AG:Pilots' union VC says to strike at Lufthansa on Sept. 8- Reuters.Pilots' union says strike to affect all long-haul passenger flights out of Germany and all cargo flights out of Germany.  Full Article

Deutsche Lufthansa AG CEO defends cost cuts as pilots threaten more strikes - Reuters
Tuesday, 1 Sep 2015 08:00pm EDT 

Deutsche Lufthansa AG:Lufthansa's chief executive defended the German airline's hard line on strikes on Sept.2 after pilots' union Vereinigung Cockpit (VC) threatened further walkouts in an row over retirement benefits and cost cuts - Reuters.VC said earlier the German flag carrier had rejected its offer of concessions in a long-running dispute that has seen a dozen strikes over the last 18 months and cost the airline hundreds of millions of euros - Reuters.Walkouts could start any time and could hit Lufthansa, its cargo arm Lufthansa Cargo and its budget carrier Germanwings, VC said in a statement - Reuters.Cabin crew union UFO, itself in pay discussions, took the unusual step of speaking out on the row, saying there was too much at stake to stay silent - Reuters.IT called for the two sides to resume talks and reach a solution - Reuters.The pilots had offered concessions in a bid to end the dispute, including agreeing to an increase in the average retirement age and lowering costs - Reuters.  Full Article

Deutsche Lufthansa confirms FY 2015 adjusted EBIT outlook
Thursday, 30 Jul 2015 01:30am EDT 

Deutsche Lufthansa AG:Confirms its outlook for full-FY 2015 with adjusted EBIT of more than 1.5 billion euros before strike costs.FY 2015 EBIT estimate 1,459 million euros - Thomson Reuters I/B/E/S.  Full Article

More strikes loom at Deutsche Lufthansa AG after talks with pilots fail - Reuters
Sunday, 5 Jul 2015 08:00pm EDT 

Deutsche Lufthansa AG:Says Talks between Lufthansa and pilots' union Vereinigung Cockpit (VC) about taking a pay dispute to mediation have failed, raising the prospect of strikes at the height of the summer travel season, the union said on July 6 - Reuters.Says Lufthansa and its pilots have been trying to agree a mediation process to end a long-running pay dispute, which has already caused more than a dozen pilot strikes since April 2014.Says The VC union said Lufthansa had not wanted to discuss all disputed topics and that an agreement to hold off on strikes until the end of July was no longer valid.  Full Article

Deutsche Lufthansa AG strikes postponed until mid-July, union says - Reuters
Sunday, 28 Jun 2015 08:00pm EDT 

Deutsche Lufthansa AG:Says Talks to resolve a pay dispute at German airline Lufthansa have made enough progress to lift the threat of any immediate work stoppages, flight attendants' union UFO - Reuters.Says Due to the progress in the latest talks, cabin crew union official Nicoley Baublies told Reuters the start of any possible industrial action had been pushed back to mid-July at the earliest.  Full Article

German cabin crew to meet Deutsche Lufthansa AG for talks - Reuters
Monday, 22 Jun 2015 08:00pm EDT 

Deutsche Lufthansa AG:Says German flight attendants' union UFO has accepted an offer by Lufthansa for talks on June 24 to try to resolve a dispute over pay and pensions, the union's chief said - Reuters.Says Lufthansa has been in protracted talks with various staff groups as it seeks to bring down costs and revise pension schemes, to better compete with low-cost airlines and expanding Middle Eastern rivals.UFO said its members would strike on July 1 if an agreement was not reached with Lufthansa by then.Says Further one-day strikes would follow that could last to Sept. 16, disrupting travel over the lucrative peak summer season, the union then said.  Full Article

BRIEF-Trade union UFO says reaches positive mediation result in Lufthansa cabin staff wage talks

* Reaches positive mediation result in Lufthansa cabin staff wage talks Further company coverage: