Lufthansa pilots threaten new strikes as talks fail

German pilots' union Cockpit announced today that talks with Lufthansa over early retirement provisions had crashed and warned a new wave of strikes could be expected with immediate effect.
"Cockpit regrets that negotiations have failed once again," the union said in a statement, accusing management of not wanting to reach an agreement.
"Further industrial action can be expected with immediate effect. The public will be warned in advance," the statement said.
After three separate days of walkouts in recent weeks, Lufthansa pilots agreed to postpone a fourth warning strike last week after receiving a new proposal from management.
Lufthansa pilots can currently take paid early retirement from the age of 55. They are fighting a plan by the airline to raise the minimum age and to involve pilots in the financing of their pensions.