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Lufthansa, pilots reach wage deal, strike called off

German airline Lufthansa (LHAG.DE) and pilots’ union VC said on Tuesday they had reached a deal in a wage dispute, averting a second strike that had been planned for later this week.

The agreement comes after a strike at Lufthansa last week forced the cancellation of hundreds of flights, further plaguing a summer of travel chaos.

The Vereinigung Cockpit (VC) pilots’ union said it had agreed the basis of a comprehensive package of monetary and structural issues which would be fleshed out in the next few days.

Source: Civil Aviation Authority – Qatar

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