Published on Nov 9, 2012 by Euronews
http://www.euronews.com/ The Spanish airline Iberia is to cut four and a half thousand jobs - a quarter of its workforce. Its parent company, International Airlines Group, says the aim is to save the company which is "struggling for survival".
A deadline has been fixed for the end of January to agree a restructuring plan with the unions - otherwise, warns the company, even more drastic cuts will be implemented.
Iberia's director general says the company is not competing in any of its markets, and its problems pre-date the Spanish or European crises. It's losing 1.7 million euros a day, he adds.
On Wednesday IAG released its latest monthly passenger figures, which showed that numbers had risen at British Airways compared to the same period last year - whereas Iberia had lost customers. Traffic was down by 3.7 per cent.
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
A deadline has been fixed for the end of January to agree a restructuring plan with the unions - otherwise, warns the company, even more drastic cuts will be implemented.
Iberia's director general says the company is not competing in any of its markets, and its problems pre-date the Spanish or European crises. It's losing 1.7 million euros a day, he adds.
On Wednesday IAG released its latest monthly passenger figures, which showed that numbers had risen at British Airways compared to the same period last year - whereas Iberia had lost customers. Traffic was down by 3.7 per cent.
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
An intriguing discussion is worth comment. I think that you
ReplyDeleteshould publish more on this subject, it may not be a taboo subject but typically folks don't speak about such subjects. To the next! Best wishes!!
My web-site vuelos a bangkok
You actually make it seem so easy with your presentation but I find this
ReplyDeletetopic to be actually something which I think I would never
understand. It seems too complex and very broad for me.
I am looking forward for your next post, I'll try to get the hang of it!
My website vuelos a china
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your weblog?
ReplyDeleteMy blog is in the exact same niche as yours and my visitors would genuinely benefit
from a lot of the information you present here. Please let me know
if this okay with you. Thank you!
Have a look at my web blog ... vuelos a hongkong
This site was... how do I say it? Relevant!
ReplyDelete! Finally I've found something which helped me. Appreciate it!
Feel free to visit my web blog ; hongkong airlines