Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Lufthansa cancels almost half of flights due to strike
Lufthansa pilots to strike on Monday and Tuesday over an early retirement scheme. About 150.000 passengers will be affected
Published in Ahram Online on 01 - 12 - 2014

German flagship carrier Lufthansa canceled 1,350 flights, or 48 percent of scheduled services, for Monday and Tuesday as its pilots prepared to go on strike, their ninth walkout this year.
The canceled short-, medium- and long-haul flights will affect 150,000 passengers and wipe another single-digit million euro sum off the airline's earnings, according to analyst estimates.
Pilots' union Vereinigung Cockpit (VC) called the two-day strike at the carrier, starting at midday on Monday, after talks over an early retirement scheme for pilots, developed decades ago, broke down late last week.
Industrial action in the long-running dispute has already wiped 160 million euros ($200 million) off Lufthansa's operating profit, adding to pressure from a stuttering global economy and increased competition.
The carrier lowered its profit guidance for 2015 for the second time this year in late October, and is expanding low-cost operations to better compete with budget carriers and Gulf rivals.
"They should have their money, but for us this is all very obstructive. If you want to go somewhere on vacation and have it ruined for you, it's not ok. They should sit down and come to an agreement," Lufthansa passenger Elfriede Bretagne told Reuters TV in Frankfurt, at Germany's busiest airport.
VC, representing about 5,400 Lufthansa pilots, is fighting to keep a scheme that allows pilots to retire at the age of 55 and still receive up to 60 percent of their pay before regular pension payments start at 65.
Lufthansa has said it made concessions in recent talks, including a 5 percent pay rise, but reiterated that it would not accept a demand that new pilots, as well as those already with the company, should be able to retire at 55.
"Viewed from the outside, it remains difficult to predict when a compromise can be reached," DZ Bank analyst Dirk Schlamp said.
Union VC has said the Germany-wide strike is to last from midday (06:00 a.m. ET) on Monday to 11:59 pm (05:59 p.m. ET) on Tuesday for short- and medium-haul flights, as well as from 3 a.m. (09:00 p.m. ET on Monday) to 11:59 pm (05:59 p.m. ET) on Tuesday for long-haul flights.
Pilots flying for Lufthansa Cargo will also strike from 3 a.m. to 11:59 pm on Tuesday. Flights of budget arm Germanwings will not be affected.
http://english.ahram.org.eg/News/116907.aspx


Clic here to read the story from its source.