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Iberia employees end strikes after compromise deal

  • Employees at Spanish airline Iberia on Wednesday called off further strikes over job and salary cuts after accepting a deal from a government-appointed mediator.

    Workers staged two five-day walkouts in February and March.

    The strikes resulted in thousands of flights being canceled and losses of around $38.8 milllion for Iberia, which is owned by International Airlines Group.

    "It's time to pull together and look to the future and to apologize to all our customers for the inconvenience caused over the last few weeks," said Iberia chief executive Rafael Sanchez-Lozano during a conference call with journalists

    On Sunday, IAG accepted proposals from Gregorio Tudela, a university professor brought in to negotiate a deal, to cut 3,141 jobs instead of the planned 3,807.

    While pilots' union SEPLA did not agree to the new terms, the restructuring plan will still go ahead as it was supported by ground and flight crew unions.

    Know more about the Spanish language, view interesting Infographic of Spanish Language