Lufthansa ready for arbitration as cabin crew strike begins
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FRANKFURT (Reuters) - Lufthansa is ready to go into arbitration to resolve a long-running staff dispute, the CEO of Germany's largest airline said on Thursday, as a walkout by flight attendants disrupted travel plans of tens of thousands of passengers.An end to the row over pay and pensions, and the legal status of flight attendants' union UFO would relieve the company of a major headache.Lufthansa faces intense competition from Ryanair and easyJet and has reacted by cutting costs and..