Lufthansa, Air France Earnings Poised to Spark More Labor Strife
Air France-KLM Group and Deutsche Lufthansa AG reported surging third-quarter earnings on declining fuel prices and robust summer traffic. The downside is the growth could undermine efforts to push through restructuring plans with workers.
The gains, while a relief to investors, pose a risk to management moves to win union cooperation for cost-cutting strategies that the carriers are pursuing to counter low-cost competition at home and Middle East rivals on intercontinental routes. Bot ...
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