Particle.news

Download on the App Store

Lufthansa and Pilot Union Hold High-Level Talks to Avert Strike Over Pensions

The meeting follows a strike mandate tied to demands for higher employer pension contributions after a 2017 shift to a funded plan reduced expected benefits.

Overview

  • Vereinigung Cockpit scheduled a top-level meeting with Lufthansa for Thursday, saying it will assess the outcome before deciding next steps.
  • Lufthansa declined to comment on the talks, while previously stating that agreements must be reached at the negotiating table.
  • In early October balloting, about 90 percent of Lufthansa pilots and 95 percent of Cargo pilots participated, with 88 percent and 96 percent approval respectively, exceeding the 70 percent threshold.
  • The dispute centers on higher company payments into pilots’ occupational pensions, which unions say have underperformed since the 2017 switch from a guaranteed benefit to a contribution-only scheme.
  • Lufthansa calls the demands unaffordable given losses at the core airline and an ongoing restructuring, warning a strike could cancel large numbers of flights at hubs such as Munich based on past actions.