Lufthansa and its pilots represented by the Vereinigung Cockpit union last week reached agreement on a new labor contract through federal arbitration, ending a year-long dispute that included a brief walkout by flight deck crew earlier this year. The one-day pilot strike in February cost LH around €48 million ($59.4 million) as it was forced to cancel 2,000 flights. The union threatened further action before agreeing to arbitration in April. LH and VC, representing the carrier's ...

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