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Lufthansa Prepared to Ride Out Strike in Effort to Curb Benefits

Deutsche Lufthansa AG is prepared to ride out the worst disruption in its history, signaling to its pilots that they need to make concessions similar to those of their lower-paid colleagues at the German airline.

By Richard Weiss, Bloomberg | Updated on April 03, 2014
Lufthansa pilots on strike in Frankfurt, Germany on April 2. Lufthansa said it canceled almost 900 flights on the first day of a three-day strike by the pilots' union. The airline says it expects to cancel about 3,800 flights altogether. (AP Photo)

(Bloomberg) — Deutsche Lufthansa AG is prepared to ride out the worst disruption in its history, signaling to its pilots that they need to make concessions similar to those of their lower-paid colleagues at the German airline.

Chief Executive Officer Christoph Franz said normal services will only resume April 5 after the three-day strike ends, and that the position between the airline and its pilots remains far apart. Lufthansa has refused to engage in talks while the disruption is in full swing, highlighting its unwillingness to give in with thousands of flights grounded.

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