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Airlines Workers / Iberia to slash pilots salaries by at least 14% as Alitalia avoids 1,900 layoffs

Spanish flag carrier Iberia said Wednesday it had reached a deal with its pilots to slash their salaries by at least 14 percent, part of its bid to return to profit.

Iberia’s roughly 1,400 pilots will see their salaries reduced by 14 percent, and possibly by another 4.0 percent depending on the airline’s profitability, under the deal reached with pilots’ union SEPLA, the airline said in a statement.

Chosen excerpts by Job Market Monitor. Read the whole story at Iberia pilots ‘agree to 14% pay cut’.

Alitalia’s CAITLA.UL trade unions said on Friday they have reached a deal with the management to avoid lay off for 1,900 workers.

The agreement, announced in a statement by the FIT-CISL union, is part of the restructuring plan for the troubled carrier and a prerequisite for a tie-up with Etihad Airways.

Chosen excerpts by Job Market Monitor. Read the whole story at  Alitalia reaches deal to avoid lay off for 1,900 workers-union | Reuters.


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