Tag: International Airlines Group

• Friday, March 15th 2013 - 06:50 UTC

  Iberia back in the air: unions accept sacking of 3.141 staff and salary cuts

  

  Workers of Spanish airline Iberia called off further strikes in a dispute over thousands of job cuts after unions accepted a mediation plan, the company announced in a statement.

• Monday, May 14th 2012 - 05:31 UTC

  Fuel costs and Spanish recession hit British Airways-Iberia with mounting losses

  

  Rising fuel costs and the impact of Spain’s economic crisis left the owner of British Airways and Iberia nursing big quarterly losses. International Airlines Group was also hit by industrial action by pilots at Iberia as it recorded losses of 263 million Euros for the three months to March 31, against a deficit of 47 million Euros a year earlier.