UPDATE 1-German airline Lufthansa reaches deal with pilots on cost savings
路透新闻部 (Adds Lufthansa comment, detail, quote) BERLIN, Dec 23 (Reuters) - Lufthansa and its pilots have reached an agreement that secures jobs until end-March 2022 and could help reduce costs by as much as 450 million euros ($548 million), pilots’ union Vereinigung Cockpit (VC) said on Wednesday. Like its rivals, Lufthansa is struggling to deal with global travel restrictions and grounded fleets in the wake of the coronavirus pandemic. It is surviving on 9 billion euros of state aid, and Chief Executive Carsten Spohr had said earlier this month that the airline would have to lay of...
Source: reuters.com