Tag: risk

Lufthansa

Lufthansa: Three-year wage agreement puts an end to the risk of strikes | 16.5 percent increase

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Deutsche Lufthansa AG has reached an agreement on wages with cabin crew, ending months of intensive negotiations that had been disrupted by crippling strikes at Europe’s largest airline group. In particular, Lufthansa and the UFO union, which represents 19,000 cabin crew members of the German airline, including flight attendants, have agreed on a wage increase, […]

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Are there limits to the financial risks for travel industry experts?

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Choosing package holidays helps protect payments for consumers while leaving travel agents, tour operators and banks exposed to the risk of financial risk. That leads financial service providers to increase the costs for handling payments and places “a burden on the industry and its sustainability”, according to Sami Doyle, director of Trust My Group and […]

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