Iberia unions call six days of strikes for December
International Airline Group (IAG) Spanish subsidiary Iberia's main unions (UGT, CCOO, USO, Asetma, Sictpla and CTA-Vuelo) have today called for six days of non-consecutive strikes between December the 14th and 21st (14th, 17th, 18th, 19th, 20th and 21st).
International Airline Group (IAG) Spanish subsidiary Iberia's main unions (UGT, CCOO, USO, Asetma, Sictpla and CTA-Vuelo) have today called for six days of non-consecutive strikes between December the 14th and 21st (14th, 17th, 18th, 19th, 20th and 21st).
According to the spokesperson for UGT's -one of Spain's two largest labour unions - airports section, Francisco Rodriguez, the strike will cover all of Iberia's installations and operations.
He justified the above action on the grounds that IAG's sustainability plan will see the needless lay-off of workers and so as to pressure management to design a real growth plan for the company.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
In particular, UGT wants IAG to negotiate on the lay-offs and to stop the company from first segregating and then selling off the airline's maintenance and handling operations.
Iberia's Chairman, Rafael Snchez-Lozano, replied that the strike is absolutely inopportune, irresponsible and unjustified, as the company is willing to discuss alternatives so long as other options can be found. "Neither Spain nor Iberia can allow themselves the luxury of such a strike," he added.
As of 11:53 shares of IAG are falling by 0.1% to 170p.
AB
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
8 of the best houses for sale with annexes
The best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
By Natasha Langan Published
-
Zelenskyy moves to appease Donald Trump – what happens now?
Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
By Emily Hohler Published