Pilots for German airline Deutsche Lufthansa AG announced they would extend until tomorrow a strike that has already hit tens of thousands of passengers and seen hundreds of flights canceled in a dispute over a retirement scheme.
Just over half of the carrier’s scheduled 1,400 domestic and European flights to and from Frankfurt and Munich, Germany, were grounded on Wednesday, affecting about 80,000 passengers, a Lufthansa spokesman said.
The one-day stoppage initially planned was set to continue through yesterday, shifting to target long-haul and cargo services.
Pilots’ union Vereinigung Cockpit late on Wednesday announced that the strike would be also extended to today for short and medium-haul flights.
The walkout is the 12th bout of strike action to hit the German airline since April last year over management plans to change the pilots’ transitional pension arrangements.
Flights operated by Lufthansa’s subsidiaries Germanwings GmbH, Eurowings GmbH, Swiss International Airlines AG and Austrian Airlines were not affected.
A Lufthansa spokesman said the airline had sought to warn passengers of Wednesday’s strike ahead of time via text messages and e-mail.
The airline slammed the latest action as “incomprehensible” and said that it expected 42 of its 85 flights scheduled to leave Germany yesterday to be scrapped, but added that no cargo services were set to be canceled. Long-haul services are expected to resume as far as possible today, it said. It had earlier said that short and medium-haul traffic was also set to be back to normal from yesterday.
The company said it had called on other airlines within the Lufthansa group to help cover routes.
The dispute hinges on plans by Lufthansa to scrap an arrangement under which pilots can retire at 55 and receive up to 60 percent of their pay until they reach the statutory retirement age of 65.
Pilots are also concerned over Lufthansa’s aim to further develop its low-cost activities as it faces growing competition.
Lufthansa said it had made an improved offer to the pilots’ union in recent days, calling on Vereinigung Cockpit to immediately continue talks.
“Instead of working on sound solutions for the future, [Vereinigung Cockpit] is inflicting damage now on Lufthansa customers worldwide,” the airline said in a statement.
For its part, Vereinigung Cockpit accused Lufthansa of not having “moved a millimeter” despite its claims, and urged the airline’s bosses to negotiate seriously or accept an overall settlement.
In the previous round of strike action last month, Lufthansa’s low-cost subsidiary Germanwings was forced to scrap about 340 outbound flights from Germany.
Overall last year, the repeated strikes cost Lufthansa an estimated 232 million euros (US$245 million).
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
CROSS-STRAIT TENSIONS: The US company could switch orders from TSMC to alternative suppliers, but that would lower chip quality, CEO Jensen Huang said Nvidia Corp CEO Jensen Huang (黃仁勳), whose products have become the hottest commodity in the technology world, on Wednesday said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. “The demand on it is so great, and everyone wants to be first and everyone wants to be most,” he told the audience at a Goldman Sachs Group Inc technology conference in San Francisco. “We probably have more emotional customers today. Deservedly so. It’s tense. We’re trying to do the best we can.” Huang’s company is experiencing strong demand for its latest generation of chips, called
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
GLOBAL ECONOMY: Policymakers have a choice of a small 25 basis-point cut or a bold cut of 50 basis points, which would help the labor market, but might reignite inflation The US Federal Reserve is gearing up to announce its first interest rate cut in more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. Senior officials at the US central bank including Fed Chairman Jerome Powell have in recent weeks indicated that a rate cut is coming this month, as inflation eases toward the bank’s long-term target of two percent, and the labor market continues to cool. The Fed, which has a dual mandate from the US Congress to act independently to ensure