>> It's becoming a long haul for German airline Lufthansa. The cost of the ongoing dispute with its pilots between 10 and 15 million Euros a day. And now it's 2016 profit target is at risk. The carrier's offered a 4.4% pay increase in two installments, and a one-off payment of nearly two months pay.
But the unions want annual increases of 3.7%, backdated to 2012.>> I believe the time has come to quickly solve this dispute. We fought long enough. Our passengers have had to suffer long enough.>> So far this year, 4,500 flights have been canceled because of industrial action. That's on top of 7,000 in 2015, which cost the carrier 231 million Euros in lost profit.
There have been no talks since Friday, but Lufthansa says it's considering union comments suggesting a 5% offer might bring them back to the negotiating table.