Lufthansa says it strikes deal with cabin crew unions

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Lufthansa said the cost saving measures agreed with UFO included steps to stop pay rises, cut working hours, and a cap on pension contributions.

In addition unions and the airline have reached agreement over the terms of temporary severance packages, Lufthansa said on Thursday.

The pact comes as Lufthansa shareholders prepare to discuss a 9-billion-euro government bailout at the company’s extraordinary general meeting on Thursday.

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