Lufthansa and workers union settle pay dispute

German trade union Verdi has agreed a pay deal with Lufthansa for 33,000 cabin crew and ground staff across the airline group, it said on Wednesday, averting another round of strikes that the union had threatened.

Employees of Lufthansa Systems, Lufthansa Cargo and Lufthansa Technik will see their pay rise by 4.7 percent, while Lufthansa AG staff will get a rise of 3 percent, in a deal which runs for 26 months and excludes forced lay-offs, Verdi said in a statement.