Good evening!
A big problem for the DFS is that they are not allowed to keep the profits they make in good years. The company was privatised in 1993 and made good profits every year. Since they were not allowed to keep the money and build up a reserve they invested most of it.
The rest, still more than anyone of us will ever earn, was given back to the airlines. At the beginning of 2001 DFS gave 55 million EUROs back to the airlines (and I think not only LH
Since 1993 the costs were decreased every year, but now DFS hasnīt got any reserves and they are desperately looking for money! So the first ones to pay are the airlines.
And now they are already discussing not to give us Christmas pay and the 3% pay increase we expected in November.
