News

Iberia to start talks over 1,500 job losses

Iberia is to cut up to 1,581 jobs as part of the Spanish airline’s plan to return to profit.

International Airlines Group, the holding company for BA, Iberia and Vueling, said the Spanish division would start consultation shortly.

A spokesman for the Iberia pilots’ union said that the latest job cuts were planned and the redundancies would be voluntary.

IAG said that voluntary redundancies had been one of the options discussed during previous negotiations on salaries and working conditions.

“This option was discussed as part of the collective bargaining negotiations with the airline’s unions last April,” said IAG.

“It is a continuation of Iberia’s transformation plan to introduce permanent structural changes across the airline enabling it to grow profitably in the future.”

The Spanish carrier’s chairman Luis Gallego said last month that the company had a higher number of staff per aircraft than most of its rivals.

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.