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Lufthansa gives Airbus A380 pilots € 35,000 bonuses so they no longer fly

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Lufthansa gives Airbus A380 pilots € 35,000 bonuses so they no longer fly
Airbus A380 – Image: Lufthansa


While major German airline Lufthansa is ditching its four-engine retirement plans Airbus A340-600 e Boeing 747-400With some units back on track after making official statements that they will no longer use them, it is clear that the huge Airbus A380s in its fleet will not have the same chance of survival in service.

The airline is introducing an early retirement program in which its pilots 55 and older can volunteer rather than wait until they reach a standard minimum age. However, in the specific case of the pilots of the A380, the world’s largest passenger aircraft, there is a special bonus to encourage their participation.

Information taken from a German portal. aero.dewho had access to an internal document that Lufthansa sent to its crew. According to the statement, pilots “of the Airbus A380 type that will no longer be used by Lufthansa” will receive a special bonus of 35,000 euros (about R $ 218,000) for participating in the volunteer program.


In its most recent publications on operating forecasts targeting the financial market, the company continued to post a special note on the A380 stating that the model was in “long-term storage,” while other models such as the A340 and 747-400 has just signaled that they will be decommissioned.

Now, this latest internal move seems to indicate that the company does not want to continue to have the high cost of the giant’s senior pilots in its operating costs until the planes are finally withdrawn from the warehouse for the withdrawal of the German fleet.

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Also, according to aero.de, in addition to the A380 pilots, the total number of crew members of the entire fleet over 55 years old – therefore eligible for early retirement – is about 850 pilots, with an estimated cost of € 24 million to fund the program.


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Economy

The UK is preparing for electricity and gas to run out next winter. Worst-case scenario points to 4-day blackouts

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The UK is preparing for electricity and gas to run out next winter.  Worst-case scenario points to 4-day blackouts

Summer is still on, but winter is fast approaching, and European countries are making contingency plans to avoid running out of energy while Russia cuts back on the amount of gas it sends to Europe.

Based on a “reasonable worst-case scenario”, the British government is already gearing up for several days of the winter months when the cold could combine with gas shortages, causing “power outages” across the country, reaching industry and homes. .

Unidentified sources tell Bloomberg that London’s forecast is that the electricity grid will only be able to guarantee a sixth of the power during peak demand, after the government presented contingency plans to reopen coal-fired power plants. .

The worst-case scenario assumes that the United Kingdom will suffer blackouts for four days in January 2023 and that it will have to activate measures to reduce gas consumption at a time when gas supplies from Norway and France are also reduced. , while every country tries to secure its supplies for the coldest months of the year.

However, the British government believes that the worst scenario may not materialize, but does not rule out the possibility that, in the end, it will come true.

Bloomberg notes that this problem should be dealt with by whoever succeeds outgoing Prime Minister Boris Johnson next September. In a worst-case scenario, Liz Truss or Rishi Sunak will have an energy and social crisis on their hands, as the British public has expressed great dissatisfaction with a significant increase in the cost of energy, which could double in the face of rising inflation. and reduced purchasing power.

See also  Cisco shares dip 6% on tepid earnings outlook, profits decrease CFO to retire

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Economy

In Russia began to dismantle aircraft for spare parts – Aviation

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In Russia began to dismantle aircraft for spare parts - Aviation

Russian airlines, including state-owned Aeroflot, are stripping planes to secure spare parts they can’t buy abroad due to Western sanctions, Reuters reported, citing four industry sources.

The companies are following Moscow’s guidance in June and are reaching out to some aircraft to get the parts they need to keep the rest of the fleet operational until at least 2025.

A source told Reuters that at least one Sukhoi Superjet 100 and one Aeroflot Airbus A350 are being dismantled, with the Airbus jet being “almost new”.

But the state-owned company has also stripped parts from some Boeing 737s and Airbus A320s to keep other planes of the same model flying.

Almost 80% of Aeroflot’s fleet is owned by the two largest aircraft manufacturers – 134 Boeing and 146 Airbus aircraft, and about 80 aircraft – Russian-made Sukhoi Superjet-100, which, according to the latest data, use many foreign-made parts, Reuters notes.

It will also be difficult for Moscow to buy parts from countries that have not imposed sanctions against Russia after the invasion of Ukraine. Asian and Middle Eastern airlines fear “secondary sanctions” from the West if they supply equipment, a source told the agency.

See also  From 2002 to date, three out of four escudos have not returned to Banco de Portugal - Executive Digest
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After all, how much lower fuel prices? See accounts here

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After all, how much lower fuel prices?  See accounts here

Ethis week started with lower fuel prices, which was found for both diesel and gasoline. The fall averaged seven cents, slightly below forecast.

Average price for simple diesel fuel fell in price to 1746 euros per liter (€/litre) on Monday, August 8, compared to 1816 euro/litre on Sunday. it discount seven cents.

Me and simple gasoline 95 cost, on average, €1805/liter on Monday, minus 7.3 cents than the 1,878 euros per liter registered the day before, according to data released by the Directorate General for Energy and Geology (DGEG).

With proven descent on plain petrol 95the price of this component returns to pre-war levels in Ukraine. Let me remind you that on February 23, the average price of regular gasoline 95 was 1816 euros / liter. On the same day of the invasion, plain gasoline 95 also cost €1,816 per litre, compared to the current €1,805 per litre..

Dynamics of fuel prices since the beginning of the war© DGEG website reproduction

The average price at gas stations for the week from 1 to 7 August in the case of gasoline was 0.9 cents higher than the ERSE weekly average price and 0.1 cents lower for diesel.. The information is contained in the Weekly Report on Supervision of Sales Prices to the Public, posted on Monday Energy Services Regulatory Authority (ERSE).

“Regarding the previous week, it was found that the average selling price for the public, announced on the porticos and published in the Balcão Único da Energia, was 0.9 cents per litre. [cêntimos/litro] higher than this week’s effective price for plain gasoline 95 and 0.1 cents/liter lower for plain diesel.”

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Thus, according to ERSE, “in percentage terms, plain 95 gasoline was declared on taps 0.5% above the effective price, and ordinary diesel fuel was declared 0.1% below the effective price.”

Read also: Fuel is cheaper today (and could return to pre-war prices)

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