Management proposes a one-off payment of €50,000 to each pilot willing to switch jobs from Lufthansa to the budget brand Eurowings. Eurowings’ salaries and pensions are lower than Lufthansa’s and the pilots are offered a three-year trial period. After two years, the pilots have to decide whether they want to stay with Eurowings or move back to Lufthansa.
This way, management believes that younger pilots may be willing to switch as they will have better promotion possibilities at Eurowings and ....
13 Dec 2015
The €50,000 offer to pilots
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The €50,000 offer to pilots
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
13 Dec 2015 -
Author:
Hans-Peter Wodniok -
Pages:
2
Management proposes a one-off payment of €50,000 to each pilot willing to switch jobs from Lufthansa to the budget brand Eurowings. Eurowings’ salaries and pensions are lower than Lufthansa’s and the pilots are offered a three-year trial period. After two years, the pilots have to decide whether they want to stay with Eurowings or move back to Lufthansa.
This way, management believes that younger pilots may be willing to switch as they will have better promotion possibilities at Eurowings and ....