On Thursday, airline group Lufthansa and unions representing German cabin crew reached an agreement that is set to reap more than 500 million Euros worth of savings.
The German airline group stated in an interview that the measures, assented with UFO, had included procedures that aimed to stop pay rises, working hour cuts, and pension contribution caps.
According to Lufthansa on Thursday, terms of temporary severance packages factored into the agreement between the airline and the unions.
The agreement came as the the shareholders of Lufthansa gear talks regarding the 9-billion-euro government bailout through the company's extraordinary general meeting on Thursday.
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