Iberia Chairman and CEO Antonio Vazquez reiterated the airline's intent to launch a separate carrier operating its short- and medium-haul flights with a "model that is substantially different than the existing one," and stressed that the decision is "irreversible," Agence France Presse reported. He said that continuing to operate short- and medium-haul flights in the same manner as long-haul would "mortgage the future of the company." Vazquez said he is ...

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