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 Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 02.19.18

Airborne-UnManned 02.20.18

Airborne 02.14.18

AMA Drone Report 02.15.18

Airborne 02.16.18

Airborne-YouTube

Airborne 02.19.18

Airborne-UnManned 02.20.18

Airborne 02.14.18

AMA Drone Report 02.15.18

Airborne 02.16.18

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

Airborne 02.19.18: TruTrak Vizion Approvals, 737 MAX 9 Cert, Airplane Loan Scam

Also: Frasca Celebrates 60 Years, Klyde’s 40th!, European Plan For AvSafety, Texas Aviation Hall Of Fame The STC for the TruTrak Vizion autopilot has been updated to include >[...]

Airborne 02.19.18: TruTrak Vizion Approvals, 737 MAX 9 Cert, Airplane Loan Scam

Also: Frasca Celebrates 60 Years, Klyde’s 40th!, European Plan For AvSafety, Texas Aviation Hall Of Fame The STC for the TruTrak Vizion autopilot has been updated to include >[...]

Airborne-Unmanned 02.13.18: FAA UAS Symposium, Airbus Delivers, Manned EHANG 184

Also: UAS Pilot Code, FAA Drone Program, SkyWatch Funding, Quantix Hybrid UAS For Farmers The FAA and AUVSI will co-host the 3rd Annual FAA Unmanned Aircraft Systems (UAS) Symposiu>[...]

AMA Drone Report 02.15.18: AMA Expo East, Skydio R1, TSB Canada Report

Also: DJI Knowledge Quiz, GoFly Competition, Drone ID Rules Coming, FAA Unenthusiastic About Prosecuting? The Academy of Model Aeronautics will host the annual AMA Expo East at the>[...]

Airborne 02.16.18: R66 Wire-Strike Protection, Elk v Helo, Trump Budget

Also: Red Bull Picks Hartzell, SNC Dream Chaser, CH-53K Demo's Vehicle Lift, Emirates Firms Up A380 Orders Robinson has added wire strike protection provisions to its R66 options l>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC