Lufthansa pilots receive pay hikes to fight inflation

Lufthansa pilots receive pay hikes to fight inflation

The pay hike for Lufthansa pilots was the latest hefty wage agreement in Europe's top economy as workers battle fast-rising prices
The pay hike for Lufthansa pilots was the latest hefty wage agreement in Europe's top economy as workers battle fast-rising prices. Photo: Daniel SLIM / AFP/File
Source: AFP

Lufthansa pilots are to receive pay rises totalling 18 percent in the coming years, with the German airline saying Thursday it would bring "stability" after strikes over surging inflation.

It was the latest hefty wage agreement in Europe's top economy as workers battle fast-rising prices, although there have been concerns the deals could add to upward pressure on inflation.

The German flag carrier was hit by pilot and ground staff walkouts in 2022 that crippled operations, although the pilots had suspended strikes since late last year.

Union Cockpit announced that Lufthansa pilots had voted in favour of an agreement it struck with the airline last week.

The airline said it comprised staggered pay rises until the end of 2026, amounting to an increase of least 18 percent of basic salary.

It also included a one-off payment up to a maximum of 3,000 euros ($3,300).

Read also

Angry Birds maker Rovio's shareholders accept Sega's bid

PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!

In addition, there was an agreement on working conditions with improvements such as more predictable time off, Lufthansa said.

"This new collective agreement provides additional operational stability, reliability for customers and a sound planning foundation for Lufthansa for the years ahead," said airline board member Michael Niggemann.

Cockpit president Stefan Herth welcomed the decision by pilots to back the "compromise" after a year and a half of negotiations.

"Today's approval of the collective agreements creates reliability for pilots, Lufthansa and, last but not least, our passengers," he said in a statement.

The union represents some 5,200 Lufthansa pilots.

The deal comes with the airline rebounding strongly from a severe downturn during the coronavirus pandemic, as demand for air travel booms.

Source: AFP

Authors:
AFP avatar

AFP AFP text, photo, graphic, audio or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP news material may not be stored in whole or in part in a computer or otherwise except for personal and non-commercial use. AFP will not be held liable for any delays, inaccuracies, errors or omissions in any AFP news material or in transmission or delivery of all or any part thereof or for any damages whatsoever. As a newswire service, AFP does not obtain releases from subjects, individuals, groups or entities contained in its photographs, videos, graphics or quoted in its texts. Further, no clearance is obtained from the owners of any trademarks or copyrighted materials whose marks and materials are included in AFP material. Therefore you will be solely responsible for obtaining any and all necessary releases from whatever individuals and/or entities necessary for any uses of AFP material.