Lufthansa is likely to face another bruising labor disagreement after unilaterally terminating pensions and early retirement provisions for flight crew. The move affects around 60,000 employees based in Germany. Lufthansa argues that it can no longer afford to spend up to â‚¬400 million ($527 million) annually to address a widening pension deficit that is created by the difference between expected and actual interest rates, and improved life expectancy. Lufthansa and its pilot union ...
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