Iberia Deal

Iberia pilots have agreed an 8.5% pay cut, in last-minute negotiations over restructuring. As a result, the Spanish airline will reduce planned staff redundancies, from 5,200 to 3,500. Iberia now plans to ask the European Union for clearance of a $1 billion state-subsidy package. The sale of Latin American and ...

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now