Iberia Airline Reaches Tentative Agreement With Pilots Union | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne/NBAA2014 10.21.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.21.14 **
** Airborne/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **
** Airborne 10.17.14 ** HD iPad-Friendly -- Airborne 10.17.14 **

Wed, Jan 09, 2013

Iberia Airline Reaches Tentative Agreement With Pilots Union

Restructuring Plan Includes Salary And Staff Cuts

A tentative agreement has been reached between Spain's Iberia Airline and its pilots' union on a restructuring plan that includes both staff and salary cuts, but the union says it does not necessarily support the plan as it's currently written.

A spokesperson for Iberia told Reuters said that the tentative agreement is one that allows talks to go forward between the two parties, and that the deal means those talks will be held. The union has until January 31 to give its official support to the airline's plan.

Iberia says they only way it can survive is to cut about a quarter of its workforce and reduce salaries for the remaining workers. They cite competition from low-cost carriers and Spain's deep recession as the reasons the cuts are necessary. Unions, on the other hand, want to see evidence of a growth strategy beyond just the job cuts.

Last March, Iberia created a low-cost carrier Iberia Express, which the airline said was needed to compete with airlines like Ryanair and EasyJet. An arbitrator ruled last week that Iberia Express pilots can be paid as much as 40 percent less than pilots on the main line.

In December, Iberia and unions representing ground staff and cabin crews, comprising 93% of the total staff, agreed to negotiate the terms of the company’s Transformation Plan, aimed at restoring profitability and ensuring the airline’s future. Iberia management at the time reiterated its wish to rely chiefly on early retirements to achieve about two-thirds of the staff reduction called for in the plan. It is also prepared to negotiate such formulas as payoff for voluntary resignations, and transfers of employees to different positions and/or different locations.

FMI: www.iberia.com/us

Advertisement

More News

Game-Changing NBAA2014 Sponsor Mid-Continent Instruments and Avionics!

Innovation Brings Safe, Certified, Nanophosphate® Lithium Batteries To New Business Aircraft True Blue Power is the first company in the world to achieve FAA TSO and EASA ETSO >[...]

Airborne at NBAA--10.21.14: NBAA2014 Opens, Eclipse Update, FJ44 TBO Increase

Also: Shuster/Hart Address NBAA, Gogo Means Business, BBJ Maxes Out, Hartzell Pulls Its Weight The NBAA Opening General Session featured two well-known names from Washington. Repre>[...]

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Airborne at NBAA--10.21.14: NBAA2014 Opens, Eclipse Update, FJ44 TBO Increase

Also: Shuster/Hart Address NBAA, Gogo Means Business, BBJ Maxes Out, Hartzell Pulls Its Weight The NBAA Opening General Session featured two well-known names from Washington. Repre>[...]

ANN's Daily Aero-Linx (10.22.14)

Airport Operators Association - U.K. Founded in 1934, the Airport Operators Association (AOA) is the national voice of UK airports.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC