Lufthansa on Wednesday said it had reached an agreement with pilots union Cockpit on a package of short-term measures to cut costs after Germany’s flagship airline received a government bailout to secure its future.
TARIFF INCREASES WILL BE POSTPONED TO JANUARY 2021
The package includes reduced top-up payments and pension benefits and compensation adjustments for the airline’s pilots through to the end of 2020, in return for job guarantees until at least the second quarter of next year, Lufthansa said.
”From September onwards, among other things, the increase in short-time working allowance and employer contributions to fund retirement benefits will be reduced. Tariff increases agreed for 2020 will be postponed to January 2021,” company announced.
It added that wage increases previously negotiated for this year would be postponed until January 2021.