Business in Brief
Lufthansa operations back to normal after worldwide strike
Labor sanctions imposed over the past week by Lufthansa airline crews have ended, restoring a normal schedule after flights on the Frankfurt-Tel Aviv route were cancelled at the end of last week, and after other flights worldwide were similarly affected.
The airline’s spokesman in Israel, Tal Muscal, reported that Lufthansa came to agreement over the weekend with airline staff over a mediation procedure regarding the workers’ demands. Muscal said additional labor sanctions, which led to the cancellation of thousands of flights around the world over the past week, are not expected to take place.
On Friday, four flights on the Tel Aviv-Frankfurt route were cancelled, affecting about 1,000 passengers. Lufthansa worked to rebook the travelers on other airlines that are part of the Lufthansa group, including Swiss International, Austrian Airlines, Brussels Airlines and Germanwings. Initial disruption of Lufthansa’s operations began on August 31. About 18,000 Lufthansa flight attendants have been seeking pay increases and improved working conditions. (Zohar Blumenkrantz)
Papo Maritime left as sole bidder for Eilat port
The process of privatizing operations at the Eilat port are nearing conclusion after Papo Maritime was left as the last remaining candidate to acquire the port. The shipping firm is owned by brothers Avi, Rafi and Joseph Nakash. Papo Maritime submitted a NIS 15 million deposit guaranteeing its bid for the port yesterday, but the two other firms that had shown an interest in bidding − the Gold Bond Group and Gadot − failed to do so, effectively ending their chances. The Finance Ministry said privatization was an important step in the port’s future development. The bidding process had been delayed twice in recent months amid complications and efforts by the state to ease the conditions of the bidding. (Daniel Schmil and Avi Bar-Eli)