Lufthansa is expected to fall short of its 2024 profit margin target due to ongoing labor disputes leading to flight cancellations. The airline is negotiating higher pay deals to resolve strikes that have disrupted operations. Boeing faces a wage hike demand from its engineering union, prompting an unfair labor practice complaint.
Ver.di calls for new Lufthansa strike on Saturday https://t.co/izsm8ElrbJ https://t.co/v4DMgft5Vs
Boeing is in dispute with its white-collar enginering union over a contract for pilots who work with airlines on pilot training and safety issues. SPEEA has asked for a 28.6% wage hike and Boeing has filed an unfair labor practice complaint. https://t.co/DbRpDUZ7dn
Lufthansa's costly labour disputes threaten 2024 profit goals https://t.co/5k16nRzxoO https://t.co/jwoGHSF4RY
Lufthansa will likely miss its 2024 profit margin goal as the German airline seeks to agree new, higher pay deals to end prolonged strikes, which have forced it to cancel thousands of flights, analysts and investors say. More here: https://t.co/FDKEH3ierq
Lufthansa will likely miss its 2024 profit margin goal as the German airline seeks to agree new, higher pay deals to end prolonged strikes, which have forced it to cancel thousands of flights, analysts and investors say https://t.co/eE9KGbAsG1
⚠️ ANALYSIS-LUFTHANSA'S COSTLY LABOUR DISPUTES THREATEN 2024 PROFIT GOALS (Reuters) Lufthansa will likely miss its 2024 profit margin goal as the German airline seeks to agree new, higher pay deals to end prolonged strikes, which have forced it to cancel thousands of flights,… https://t.co/atSKzgnXGZ