Lufthansa pilots to stage strike on Wednesday

Pilots with Germany's national airline Lufthansa will stage a one-day strike on Wednesday over an ongoing retirement dispute, a media report said on Tuesday.

German pilot union Vereinigung Cockpit announced the strike late Monday night, Germany's international broadcaster Deutsche Welle reported.

The strike will affect short and medium-haul flights, the union said.

According to the union, no progress has been made in negotiations since a two-day strike last week as Lufthansa's management remains undeterred in its efforts to offer less attractive working conditions for younger pilots.

The dispute concerns retirement benefits that Lufthansa wants to change for new pilots while increasing the age at which pilots can take early retirement.

Lufthansa pilots retire at age 55 and receive up to 60 percent of their pay until the normal pension at the age of 65.

The German airline faced a string of similar strikes in December 2014.