Lufthansa's cabin fever

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Lufthansa's cabin fever

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The strike by Lufthansa’s cabin crew dragged its shares down on Tuesday in Frankfurt as flight cancellations from the dispute are said to be costing the company around 10 million euros a day.

As we see in our Behind Markets report, the strikers’ wage claims come at a very bad time for the German carrier, which has promised the markets 1.5 billion euros savings by 2014.