Iberia pilots have their own plan for the struggling airline

Spanish pilot trade union Sepla presented on Monday its own proposal to turn around Iberia, the Spanish airline operated under International Airlines Group (IAG), after considering that management's new proposal to restructure the company is worse than the initial plan.

By MoneyWeek

published 14 January 2013

in Features

Sepla's proposal is separate from the alternative presented on Wednesday by other labour unions representing 93% of the workforce.

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Sepla insists that there is unity among the unions and that they all support a viability plan that would guarantee Iberia's future.

The other unions want Iberia to extend its current regulated layoff plan to 2017, to integrate Express into the parent company, and to maintain core routes to Latin America. In exchange, they are willing to agree on salary cuts, to implement improvements in productivity, and other measures.

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