Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Europe’s summer travel chaos
    Top Stories

    Europe’s summer travel chaos

    Europe’s summer travel chaos

    Published by Jessica Weisman-Pitts

    Posted on August 8, 2022

    Featured image for article about Top Stories

    (Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at major airports, dashing hopes for a sizzling first summer following widespread COVID-linked lockdowns.

    Here is a summary of some of the key developments:

    LABOUR UNREST

    After sweeping job cuts and pay cuts when COVID-19 brought travel to a grinding halt, staff across the industry from pilots to baggage handlers are asking for big pay increases and better working conditions.

    Norwegian Air in June agreed a 3.7% pay rise for pilots among other benefits, in a sign of what other airlines may have to offer to avoid labour strife..

    SAS and Ryanair in July agreed terms with some unions representing their pilots, while British Airways and KLM signed wage deals with ground staffers, as strikes affected hundreds of thousands of travellers in the key holiday period.

    ** Portuguese airports

    Portugal’s civil aviation workers on Aug. 1 threatened to go on strike on Aug. 19-21. Two unions representing workers accused airport operator ANA, which manages 10 airports in Portugal, and French group Vinci, which controls ANA, of making multi-million euro net profits but not paying decent wages to workers.

    ** Lufthansa

    Pilots at the German flagship carrier voted on July 31 in favour of industrial action. Pilots union VC’s board member said the vote did not necessarily mean a strike would happen and that they were ready to negotiate.

    VC is demanding a 5.5% pay rise this year for its pilots and automatic inflation compensation thereafter. Lufthansa CEO said on Aug. 4 the airline had set dates to negotiate with pilots in the following week.

    The airline on Aug. 4 reached a deal with its ground staff, after a strike on July 27 forced it to cancel more than 1,000 flights. The agreement includes a pay hike of 200 euros a month from July 1 this year, plus an increase by 2.5% or at least 125 euros a month from Jan. 1 next year and another 2.5% from July 1, 2023.

    ** Ryanair

    Ryanair’s Spanish cabin crew union members plan to strike four days a week until January to press demands for higher pay and better working conditions, the USO union said on July 27. The strike action, also backed by Sitclpa, will take place from Monday to Thursday every week from Aug. 8 to Jan. 7.

    Ryanair workers also caused disruption at many Spanish airports during July, when they walked out for several days, mainly on weekends.

    ** Easyjet

    Spain-based pilots at Easyjet said on July 29 they would strike for nine days in August. The pilots will strike from the bases in Barcelona, Malaga and Palma in Mallorca.

    Meanwhile, Spain-based cabin crew suspended their strike planned for July 29-31 after it reached a deal with the company. The workers went into strike previously in July, first on July 1-3 and again on July 15-17, which caused some flight cancellations and delays for the budget airline.

    REDUCED SUMMER SCHEDULES

    Airlines, including Lufthansa, British Airways, easyJet, KLM and Wizz Air, have cut thousands of flights from their summer schedules to cope with the disruptions, while major airports including London’s Heathrow and Amsterdam’s Schiphol capped passenger traffic. However, on Aug. 7, a Lufthansa board member told German media Funke media group that the worst was over for the German airline when it came to flight chaos.

    British Airways halted ticket sales on short-haul flights departing from Heathrow until mid-August, following the airport’s decision to cap capacity. The airline’s website showed no tickets for flights before Aug. 16 to popular European destinations, including Paris, Milan and Amsterdam.

    On Aug. 2, Schiphol extended the passenger cap it had introduced earlier to cope with long waiting times and other logistical problems into September and October.

    HIRING SPREE AND INCENTIVES

    Airports and airlines are scrambling to hire more workers from pilots to security and border control staff and baggage handlers after many left during the COVID-19 crisis.

    Industry executives say it is hard to recruit for often physically demanding, relatively low paid work at airports often located out of town. Training new hires and getting them security clearance to work at airports also takes months.

    ** Schiphol agreed to pay 15,000 cleaners, baggage handlers and security staff 5.25 euros ($5.50) extra per hour during the summer.

    One of Europe’s busiest airports needs to hire 500 security staff. It currently has 58,000 workers at and around the airport, 10,000 fewer than before the pandemic.

    ** Charles de Gaulle and Orly airports in Paris need to fill 4,000 jobs mainly in security, maintenance and travel retail, according to airport operator Groupe ADP and the CDG Alliance.

    More than 20,000 people were laid off at Charles de Gaulle during the pandemic, according to the CGT union.

    Airport security company ICTS, which operates at Charles de Gaulle, is offering a one-off 180-euro bonus to those delaying their vacation until after Sept. 15 and 150 euros for staff who sign up new recruits, according to a CGT union representative.

    ** Frankfurt Airport, Germany’s busiest hub, has rehired nearly 1,000 ground services employees after cutting about 4,000 during the pandemic, but will continue to see disruptions due to lack of workers in the next two or three months, its operator Fraport has said.

    Germany plans to fast-track work permits and visas for several thousand foreign airport workers, mainly from Turkey, to help to ease the travel chaos.

    According to the ADV airport association, about one in five jobs in security, check-in and aircraft handling is unfilled at German airports.

    ($1 = 0.9933 euros)

    (Reporting by Klaus Lauer in Berlin, Juliette Portala and Caroline Paillez in Paris, Toby Sterling in Amsterdam, Paul Sandle in London and Reuters bureaus; Compiled by Boleslaw Lasocki, Antonis Triantafyllou, Tiago Brandao and Marie Mannes in Gdansk; Editing by David Evans, Bernadette Baum, Milla Nissi and Louise Heavens)

    Related Posts
    Marco Robinson – LOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – LOSE THE DEAL AND SUDDENLY GROW RICH
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Top Stories PostFinding opportunities amid rising inflation
    Next Top Stories PostOil holds near multi-month lows on demand worries

    More from Top Stories

    Explore more articles in the Top Stories category

    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust

    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust

    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews

    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews

    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    View All Top Stories Posts