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Lufthansa Nov traffic up despite pilot strikes

Published 09/12/2016, 12:20
Updated 09/12/2016, 12:30
© Reuters. Planes stand on the tarmac during a pilots strike of German airline Lufthansa at Frankfurt airport
LHAG
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BERLIN (Reuters) - Lufthansa (DE:LHAG) reported a 10.1 percent rise in passenger traffic in November, despite six days of strikes by its pilots costing it 100 million euros (84.13 million pound) in lost profit.

The growth in revenue passenger kilometres was high in comparison with last year because cabin crew had staged seven days of strikes in November 2015, resulting in the loss of 3.3 percent of its annual capacity.

The pilot strikes last month meant Lufthansa cancelled around 4,500 flights, or 1.9 percent of its annual capacity.

© Reuters. Planes stand on the tarmac during a pilots strike of German airline Lufthansa at Frankfurt airport

The pilots' union Vereinigung Cockpit is currently reviewing Lufthansa's latest pay offer. Lufthansa Chief Executive Carsten Spohr said on Thursday he was hopeful the two sides could enter mediation this year, thus preventing more strikes.

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