- By a vote of 97.6% in favor of industrial action, pilots at the flag carrier of Germany, Deutsche Lufthansa AG (OTC:DLAKY), threatened additional disruption during the busy summer travel season, reported Reuters.
- According to pilot’s union Vereinigung Cockpit (VC) board member Marcel Groels, the vote does not necessarily mean a strike would be held. Still, it signaled to the employer that constructive steps needed to be taken.
- “We are showing we are ready to talk,” he added.
- The report added that the Pilots’ union VC demands a 5.5% pay rise this year for its pilots and automatic inflation compensation after that.
- Related: Yet Another Airline’s Staff Go On Strike Over Pay Claims
- Over 1,000 flights were canceled by Lufthansa recently due to the ground staff’s strike, which had already shaken the airline.
- Price Action: DLAKY shares closed lower by 0.48% at $6.16 on Friday.
- Photo Via Company
A Look Into Enphase Energy Inc’s Price Over Earnings
In the current session, the stock is trading at $207.98, after a 2.88% spike. Over the past month,…
