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Nearly 800 Lufthansa flights were cancelled on Thursday after pilots and cabin crew staged a strike, disrupting travel plans for around 100,000 passengers. The walkout, organised by the pilots’ union VC and flight attendants’ union UFO, affected major hubs in Frankfurt and Munich, with departure boards showing widespread cancellations, including long-haul services. Lufthansa said it expects to resume normal operations on Friday and is working to rebook passengers on partner airlines.

The strike comes amid long-running disputes over pensions and cost-cutting measures at the airline’s core brand. Pilots are demanding improved retirement benefits, while Lufthansa argues it has no financial flexibility to meet those demands. Negotiations have resumed intermittently but have yet to yield an agreement, prompting unions to escalate pressure through industrial action.

Separately, cabin crew at Lufthansa’s CityLine subsidiary are protesting the planned shutdown of its flight operations and the company’s refusal to negotiate a collective social plan. Union representatives said the coordinated action aims to pressure management, even as major events such as the Berlinale film festival and the Munich Security Conference begin in Germany.

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The European country of Germany has decided to offer a helping hand of renowned German-based airline Lufthansa.

The company has agreed to sign the rescue deal worth €9bn with the German government – which has timely come forward to save the airline company from collapse.

The airline conglomerate has been extremely affected by a fall in travel due to the Covid-19 outbreak.

Recently, the company had to close its budget airline Germanwings.

What the deal means is that the German government will take at least 20% stake in the firm.

The deal is still only on papers. To see the deal get materialized, it needs the consent of the stakeholders of the company. The deal also needs the approval of the European Commission.

According to the rescue package, the German government will inject as many as €5.7bn in non-voting capital.

It is expected that the deal may help the airline company to overcome the present crisis.

It is yet to see whether the deal may inspire other European countries to come up with similar packages for their failing conglomerates.

The German example is closely watched by many. In the coming days, France and Italy may come up with similar measures as these countries have several compassing business houses at this moment.


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