Property damage and business interruption

22.7, airline strike

Germany: the country’s flag carrier Lufthansa was forced to cancel nearly 1,000 flights due to warning strikes by pilots working for two of its units. Lufthansa said 464 of the 725 scheduled flights on its Eurowings and Cityline carriers were suspended and another 525 flights would be affected. Lufthansa said both domestic and European destinations were affected. Pilots’ union Cockpit had called the warning strikes due to a breakdown in salary talks with management. Cockpit said all of Germany’s major airports served by Eurowings and Cityline were affected, including Frankfurt, Munich, Dusseldorf and Berlin’s Tegel airport. The dispute posed a challenge to Lufthansa’s efforts to curb spending as oil prices soared.