Lufthansa’s pilot union Vereinigung Cockpit (VC) has offered new concessions to end the ongoing dispute, which has resulted in 12 strikes over the past 15 months. The concessions include raising the average retirement age to 60 from 58 and reducing cockpit crew costs. The concessions, valued at €400 million ($441.3 million), have been offered after mediation failed nearly a month ago, which could have led to more strikes. The union also hopes a deal can be reached by Sept. 1. VC ...

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