Lufthansa’s landmark deal with its pilots shows a major European airline finally moving in the right direction by addressing its labor costs. But the tentative agreement highlights the even greater challenges facing peers Air France-KLM and Alitalia, both battling to be profitable in a European market described as “ferociously competitive” by Alitalia CEO Cramer Ball. Lufthansa and its pilot union Vereinigung Cockpit (VC) announced agreement March 15 on a basic plan taking ...
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