After repeated meetings over the last 24 hours between Cargolux Management and the OGB-L, CLSC and LCGB trade unions, an amicable agreement on the new Collective Work Agreement (CWA) for the staff of Cargolux Airlines was finally achieved between all concerned parties.
The new CWA will be valid for three years.
"I am extremely pleased to have come to a common understanding with our social partners", said Dirk Reich, Cargolux President & CEO. "With the agreement, we achieve a significant improvement in the flexibility and economic efficiency of Cargolux and send a strong signal for the job security at Cargolux and increased competitiveness of Luxembourg as a leading logistic hub in Europe."
According to the LCGB trade union representing the pilots, the number of aircraft operated under Cargolux Italia has been limited to 4. This accord has resulted in removing the threat of social conflict / industrial action, and also allows the company to proceed with the recruitment of 100 new pilots. In addition, a bonus of profit sharing has been negotiated for all employees.
The LCGB also disclosed that, as part of the 45th anniversary of the company, the general direction of Cargolux intends to reward all employees with significant single premium of €2,000 at the signing of the new collective agreement.
