Lufthansa pilot strikes to cost $106 million in 4Q

Credit: Rob Finlayson
The latest round of pilot strikes by the Vereinigung Cockpit (VC) union will affect Lufthansa Group earnings by €100 million ($106 million) in the fourth quarter, the company said in a statement. However, despite the strikes, Lufthansa said it transported 7.6 million passengers in November, up 5.9%...

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