You are here

Lufthansa joins list of distressed German companies

It is the latest example of how the fabled efficiency and competence of some major German companies have fallen into crisis
Friday, December 2, 2016 - 05:50

BT_20161202_LUFTHANSA_2625446.jpg
A strike by Lufthansa pilots has stranded more than half a million passengers. As of Wednesday, 4,461 flights had been scratched over six days in a dispute over wages.

Berlin

LUFTHANSA was once a proud symbol of Germany Inc, standing for the quality and smooth functionality of Europe's No 1 economy. But that was before the past week, when a strike by the airline's pilots stranded more than half a million passengers.

As of Wednesday, 4,461 flights

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom