Germany - Lufthansa agrees on substantial pay increase - February 28, 2017

The airline Lufthansa stated that it had agreed to boost pilots' salaries by 8.7% over four years, hoping to end years of disputes and costly walkouts by air crew. Pilots' first pay increase will be backdated to Jan 1, 2016 and the last is slated for Jan 1, 2019, while the agreement will remain valid until the end of 2019, Lufthansa said in a statement. Pilots will also receive a one-off bonus payment of between €5,000 and €6,000 under the deal, or ‘around half a month of salary’ per person.

English: http://www.channelnewsasia.com/news/business/international/lufthansa-agrees ...   

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