Cargolux strike ends as agreement reached

admin — Mon, 18 Sep 2023 09:33:27 +0000

The strike at freighter operator Cargolux has come to an end as the airline and workers reached an agreement on a new pay deal.

The airline announced on Saturday that it had reached an agreement with the LCGB and OGBL unions after more than two days of industrial action that resulted in the cancellation of many flights.

“Cargolux, LCGB and OGBL are pleased to announce that an agreement has been reached for the basis of a new collective working agreement (CWA) between all parties, including the four blocking points regarding a salary increase envelop of 5.5%,” said a statement on Cargolux’s website.

The CWA will commence on September 1 and last until August 31.

It also includes a revised salary scale for maintenance technical staff, an indexation protection and a company policy regarding working from home.

“Following this, the strike will cease with immediate effect and all striking CWA employees will return to work,” Cargolux said.

“The negotiations were conducted in the presence of the president and chief executive of Cargolux, the national president of LCGB and the president of OGBL.

“This sets the future of an enhanced social dialog between Cargolux and the Unions, taking into account the requirements of all parties.

“Cargolux remains a key pillar of the logistics industry in Luxembourg and the commitment of all parties is aimed at ensuring that this continues.”

The unions had asked for a 6% increase in salary for the duration of a new collective working agreement.

The unions also wanted to include protections against inflation, a new salary structure for ground staff and rules governing home working.

They said a 4% pay rise offered by the airline is “insufficient compared to the excellent results of recent years and in the face of inflation”.

The airline meanwhile said that it had offered a 5% pay rise and pointed to the large bonuses workers had received in recent years.

Cargolux flights grounded as strike action continues

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Cargolux posts record profits for 2020

admin — Fri, 21 May 2021 13:38:06 +0000

Cargolux posted record net profits of $768.7m for 2020 as the drop in bellyhold capacity increased demand for all-cargo aircraft.

The outlook for 2020 was originally quite bleak with production halted in China, due to the outbreak of what ultimately resulted in the COVID-19 pandemic. The situation resulted in a significant shortfall in available air freight capacity due to the grounding of most, if not all, long haul passenger operations

The carrier experienced unprecedented demand for the transport of PPE (Personal Protective Equipment) supplies as well as for other products which came to rely on air transport to keep logistics lines intact.

Cargolux is currently (in 2021) ranked fourth in IATA’s ranking of the world’s top 25 international scheduled cargo carriers.

At the end of December 2020, the total fleet of 30 aircraft comprised sixteen Boeing 747-400 freighters (10 B747-400Fs and 6 B747-400ERFs) and fourteen Boeing 747-8 freighters. This uniform fleet enables Cargolux to respond to changing market conditions in a flexible and timely manner.

Image from www.pexels.com

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Cargolux – Cargo News Today

Cargolux strike ends as agreement reached

Cargolux posts record profits for 2020