Wednesday, March 18, 2015

Pilot Strike chaos: These are the victims and the perpetrators – THE WORLD

With increasing hardness of the labor dispute between Lufthansa and its pilots is discharged. In the confrontation the interests of very different groups are affected, which are presented here.

THE PILOTS fight resolutely to their previous ownerships , Despite international top incomes they do not want to refrain from further salary increases, occupational or privilege, more or less to decide on the date of their working end. They also want a say a major say on the future business strategy. They doubt that the new low-cost division under the umbrella of “Euro Wings’ can really bring sustainable profits and want to prevent that more and more drivers are employed at lower salaries in the Lufthansa Group.

THE MANAGEMENT LUFTHANSA will drive the Group’s restructuring. You have the choice between new perspectives and traditional old privileges, explains the Lufthansa CEO Carsten Spohr at every opportunity. He’s decided to compete with European low cost airlines and Arab State and drives the creation of new airline deals ahead. Arrivierten the pilots he threatens to shrink their area, if cost disadvantages are not eliminated. Conversely, it could at cheaper costs also reflect growth in core company Lufthansa Passage.

THE PASSENGERS in the event of a strike always the victims. However, they can look forward to a wide range of support from the now very experienced Lufthansa strike management. For domestic German connections, tickets can be transferred easily to the web – online, over the counter or vending machines. If appropriate connections are present, Lufthansa booked their guests to other aircraft around – preferably on from their own group, then consisting of the airline alliance Star Alliance and finally on the machines of competition

THE COMPETITION can witness calmly as Lufthansa their acquired over decades aura of reliability loses little by little. Low-cost carriers have chosen as Germany’s most important growth market in Europe. Ryanair and Easyjet are expanding their offerings of major German airports such as Berlin, Hamburg and Cologne, where Lufthansa has comparatively little to offer apart from its hubs in Frankfurt and Munich. A similar strategy as the limited landing rights pursue the Arabs, which enhances curls with ever larger aircraft such as the Airbus A380 passengers to their hubs in the Persian Gulf.

THE AIRPORT MANAGER regularly lose revenue in the strikes. First, the companies have to pay for fancy neither flights landing charges still receive services on the ground to complete. Secondly, the guests are missing from the shopping malls, a very important for the larger airports source of income.

LUFTHANSA OWNER are actually certainly one of the victims. The pilot strikes have so far cost about 220 million euros, the company and thus contributed a good deal to the fact that the profit after German HGB accounting became negative and then clear the dividend has been deleted. Even at stock price look-owner Lufthansa currently in the tube: During the peak index Dax already increased by 22 percent this year, their paper lost around 4 percent. Improvement is hardly in sight.

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