Lufthansa and UFO negotiate long-term no-strike agreement

05-Jul-2016 Both parties accept recommendation of mediator Matthias Platzeck: · new system for pensions and transitional payments / agreement active until end of 2023 · 1% wage increase on 1 October 2016 and additional 2% increase effective 1 January 2018 / agreement in effect until 30 June 2019 · new qualification-based compensation structure · cost monitoring until 2023 in order to ensure sustainable reduction of unit cost · conflict resolution mechanisms until 2023 · guaranteed employment for all cabin crew until 2021