The German airline wants to drastically reduce costs in the cockpit. The employees don’t like this. Lufthansa is considering setting up a subsidiary with lower personnel costs.
Lufthansa is currently in talks with the Vereinigung cockpit trade union to reduce personnel costs in the cockpit. Core brand pilots should earn about 25 percent less over the long term. But in the event that the group cannot assert itself with this demand, it has a choice.
like before south german newspaper reported that Lufthansa may set up a new subsidiary airline with its own Air Operator Certificate (AOC). There you can set low personnel costs from the start.
New subsidiary for feeder traffic
The new airline will take over domestic German and inter-European flights and thus carry feeder traffic to hubs in Frankfurt and Munich. Informed sources confirmed the existence of the plans to the Aerotelegraph.
Neither Lufthansa nor the Cockpit Association are currently commenting. However, it seems unlikely that the union will accept the cut demanded.
Presentation next week?
The Lufthansa Executive Board will meet next Monday. On Thursday, March 3, the group will present its annual report for 2021. Still, Lufthansa may be planning to take a new airline subsidiary public, as heard.
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