Lufthansa pilot strike continues into a third day

• Putting more pressure on management, Lufthansa (OTCQX:DLAKY) pilots grounded 700 flights with a third straight day of walkouts this morning, due to a row involving early retirement benefits and the airline's plans to expand low-cost offerings.
• Including today, pilots have initiated 14 strikes since last April, costing Lufthansa more than €200M ($214M) in lost operating profit.
• Previously: Lufthansa pilots begin strike (Mar. 18 2015)