Lufthansa Is Caught In The Middle By Cabin Crew Strikes

Deutsche Lufthansa AG (ETR:LHA) (PINK:DLAKY) has had to cancel about 385 flights today, after its labor union Unabhaengige Flugbegleiter Organisation (UFO) took a hard line, and cabin crews went on strike in Frankfurt, Berlin, and Munich. The walkout by flight attendants came as part of a wage dispute that has stretched over the last 13 months, and after talks broke down on August 28, according to Bloomberg. This was the second walkout, and came after a previous one on Friday. At issue in the dispute, are pay and working conditions. Short and medium haul flights, such as within Europe, bore…