FRANKFURT - Cabin staff of the German airline Lufthansa will not strike for the time being after management promised to table a new offer in current wage talks, labour union UFO said on Friday.
The union's chief negotiator Dirk Vogelsang said Lufthansa would present its new offer "by Wednesday at the latest" and that the union would "assess it quickly".
In a strike ballot earlier this month, 97.5 per cent of Lufthansa cabin staff voted in favour of walk-outs in order to turn up the pressure on management in the gridlocked talks.
The union is seeking a 5.0-per cent pay increase for cabin staff for 15 months starting from January this year after three years of zero increases.
It is also opposed to the use of temporary cabin staff in Lufthansa aircraft.
The airline, which is seeking to cut costs to boost profits, said the new offer would concern only possible hikes.
The threat of strike action was weighing on Lufthansa shares on the Frankfurt stock exchange, where they were showing a loss of 1.15 per cent in a firmer market.