Can Lufthansa survive? What a ridiculous question, you might think. One of the world’s premier, most solid airlines for decades should not be subject to such speculation. But will it really, given 28 days of pilot strikes, 13,000 canceled flights and 1.6 million affected passengers? Will it, given its pilots are already too expensive in comparison with direct competitors—and now demand another 20% more? The correct answer goes like this: Lufthansa Group will survive, and its ...

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