Iberia Airbus A320. By Rob Finlayson Iberia pilots have entered discussions with the company over radical cost-cutting and productivity proposals. The pilots are the last employee group to negotiate with the airline to rescue it from its dire financial state. Parent company International Airlines Group (IAG) reported in November that Iberia made a €262 million ($342 million) operating loss for the first nine months of the year and the carrier was still losing around ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.