Iberia‘s (Madrid) ground and cabin crews have rejected a new proposal by management on job and salary cuts and they now plan to strike for five consecutive days later this month according to this report by Reuters.

Read the full report: CLICK HERE

Meanwhile the IAG issued this short statement:

International Airlines Group (IAG) confirms that no agreement has been reached between Iberia and its trade unions over the airline’s transformation plan proposals, published on November 9, 2012.

Iberia will, therefore, press ahead with the previously announced capacity reduction of 15 per cent for 2013.

IAG will also move forward on alternative plans to return Iberia to break-even, in terms of operating cash flow, by the second half of this year and restore Iberia to an acceptable level of profitability by 2015.

Willie Walsh, IAG chief executive, said: “We’re disappointed that no agreement has been reached. Iberia is ready and willing to negotiate with the Trade Unions. We are determined and united to implement the necessary changes to secure the future survival and viability of Iberia”.

Copyright Photo: Dave Campbell. Iberia’s Airbus A340-642 EC-JNQ (msn 727) taxies to the runway at Miami International Airport bound for the MAD hub.

Iberia: 

Video: Iberia is getting ready to introduce the new Airbus A330. Five Airbus A330-302s are on order. Iberia plans to introduce a new color scheme if it can achieve any form of labor peace. In the meantime, the carrier has introduced this new video touting the features of the new aircraft.

Per Airline Route the carrier has delayed the introduction of the new type until February 20 and will be introduced on the Madrid-London (Heathrow) route. Madrid-Dakar will follow on March 9.