Iberia Strikes Called Off

The airline and the unions reached a deal on layoffs on Thursday the 14th and this agreement appears to be holding, so there will no more strike action.

The deal was signed before the Ministro de Fomento, Ana Pastor, by representatives of five unions that represent 93% of the Iberia staff: UGT, CCOO, CTA Vuelo, Sitcpla and Asetma.

The agreement will see 3,141 layoffs as opposed to 3,807, which will be achieved through early retirement and layoffs with better incentives than 20 days per year worked previously offered by the airline. According to the UGT, the costs to the company will total 450m euros, which is double the figure originally foreseen by Iberia.

Another concession was instead of accepting between 25% and 35% pay cuts, ground staff will have theirs reduced by only 7% and pilot and cabin staff by 14%. The company, on the other hand, intends to process 80% of the layoffs this year.

So, those of you with flights book for Easter using Iberia, you can now breath more easily.

(News: Spain)