Tag: Investments

ASG: € 35 M Investment In Substitute Pilots To Prevent € 100 M Losses

Reading Time: 4 minutes In 2016 Lufthansa reported that a single six-day-long pilot strike cost the airline €100 million ($118 million). It was the 15th time in two years when pilots at the Lufthansa group’s namesake airline had walked out in a lengthy battle led by the local union. And legacy carriers are far from the only ones suffering […]