Lufthansa

In the review of Dax composition in September, Lufthansa has a chance to return to the Dax but is in a head‑to‑head contest with Fresenius Medical Care and Qiagen. The decision is based on the average market value of freely tradable shares in August; Fast‑Entry applies from rank 33 on the candidate list. If one company is promoted to the Dax, Scout24 or Zalando would likely have to make way, although it is also possible that no change will occur. » More on handelsblatt.com

Lufthansa and the pilots' union Vereinigung Cockpit appointed Bodo Ramelow, Roland Koch and Günther Heckelmann for the three separate arbitration proceedings. The agreed procedure combines arbitration and mediation; formally it concerns pensions and pay, but in practice also the relocation of crews to low-wage pay scales. Strikes have already caused major disruptions and costs of around €150 million for the company. » More on finanzen.net

The Vereinigung Cockpit has named Bundestag vice-president Bodo Ramelow as mediator in the pay dispute with Lufthansa. Ramelow is waiving a fee, which is to be donated in part to the education initiative "Das fliegende Klassenzimmer." The pilots' core demand is higher employer contributions to company pension schemes for around 5,000 employees; arbitration and mediation procedures have already been agreed for Lufthansa, Cargo, Cityline and Eurowings. » More on zeit.de