No, you're behind the times:
FRANKFURT -(Dow Jones)- German airline Deutsche lufthansa AG (LHA.XE) said Tuesday it has signed a wage agreement with the unions representing its cabin crew, and in so doing, averted possible strike action.
In the agreement, signed with unions UFO and ver.di, wages for around 16,000 cabin crew will be retroactively raised by 4.2% from Jan. 1, lufthansa said. Furthermore, the three entry-level wage levels will be increased by EUR100 and employees at these levels will receive a one-off payment of EUR100, the company said.
The agreement also includes a profit-sharing agreement for 2008 results of up to 3% of the annual base salary, lufthansa said. The parties also agreed to the return of some measures agreed in 2005 and to better working conditions, lufthansa said.
The agreement, which is still awaiting final approval by unions and lufthansa, will be valid until February 28, 2010, the airline said.
Monday a majority of workers represented by UFO had voted in favor of an unlimited strike at lufthansa.
Basically Lufthansa crew are 45% more productive than BA crew and are paid just over half as much.
The truth is out there, you won't get it from BASSA though.