Spanish unions have backed an independent mediator’s proposal to trim back job losses at lossmaking Iberia.

The main unions accepted a compromise put forward by the Spanish government-appointed mediator to end strikes in protest against cuts being imposed by parent company International Airlines Group.

A final meeting between unions and the mediator, Gregorio Tudela, a professor at Madrid’s Autonomous University, took place yesterday.

IAG agreed on Monday to accept proposals put forward by the meditator to trim planned job cuts from 3,807 to 3,141 and offer improved redundancy terms.

The British Airways and Iberia holding company said yesterday: “International Airlines Group notes, further to its acceptance of the mediator’s proposal regarding Iberia, that unions representing the majority of Iberia’s employees have also agreed to accept the proposal. “

Unions have held two five-day strikes, at an estimated cost of €3 million a day, after talks over the restructuring plans broke down at the start of the year.

A third round of five days of strikes had been planned for later this month.