Lufthansa says it strikes deal with cabin crew unions

Lufthansa Thursday said it had struck a cost saving deal with unions representing German cabin crew that would reap more than E500m in savings. Lufthansa said the cost saving measures agreed with UFO included steps to stop pay rises, cut working hours, and a cap on pension contributions. In addition unions and the airline have reached agreement over the terms of temporary severance packages, Lufthansa said on Thursday.<br/>