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Lufthansa boss hopes for quick deal with pilots

Thursday - 4/3/2014, 9:30am  ET

Lufthansa aircrafts are parked as Lufthansa pilots went on a three-days-strike in Frankfurt, Germany, Wednesday, April 2, 2014. Germany's Lufthansa said it has canceled almost 900 domestic and intercontinental flights on the first day of a three-day strike by the pilots' union. Airline spokeswoman Barbara Schaedler said that up to 900 flights were canceled for Wednesday and that it expects to cancel about 3,800 flights altogether, affecting more than 425,000 passengers. (AP Photo/Michael Probst)

BERLIN (AP) -- Lufthansa's chief executive says he hopes for a quick resolution to a dispute over wages and retirement ages as the airline's pilots strike for a second day.

The company has said it expects to cancel about 3,800 flights as a result of the Wednesday-Friday strike called by the Vereinigung Cockpit union.

CEO Christoph Franz was quoted as telling Thursday's edition of the Bild newspaper that the strike is expected to have an impact on Lufthansa's results in the "two-digit millions" of euros though it won't be possible to be more exact before the strike is over.

Franz says: "I hope that we will quickly resume talks and then find compromises that are acceptable to both sides."

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