@RussellBrown
He was not "due to a 40% wage cut".
The German (weekly) Newspaper "DIE ZEIT" had an online - article today. Lufthansa plans to use their daughter "Eurowings" instead of "Germanwings" in the near future. One reason is, that Eurowings has 40% lower wages.
Absturz stellt Lufthansa-Konzept in Frage | ZEIT ONLINE
(sorry - in German)
This does not mean, that Lufthansa or Germanwings Crew - Members will have a wage cut. Lufthansa planned not to use the brand "Germanwings" anymore in the future. And they planned to stop selling "Germanwings" tickets from October.
But Lufthansa didnīt plan to liquidate "Germanwings". The plan was (is?) to use the Germanwings planes with their Crews in a form of wetlease.