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German charter airline LTU reaches wage agreement with union, averts strikes

12 August 2007

German charter airline LTU said Saturday it reached a new wage agreement with its pilots, averting the threat of a strike.

LTU said the deal with the Cockpit union calls for pilots to receive a 3 percent pay rise this year and 2 percent next year.

The union last week had voted 96 percent in favor of a strike if a new agreement could not be reached.

Pilots had been seeking a 6 percent raise, while the airline had offered 3 percent.


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