Iberia, Pilots Union In Collective Labor Agreement
March 25 2009 - 11:39AM
Dow Jones News
Iberia Lineas Aereas de Espana SA (IBLA.MC) said Wednesday it
had agreed a collective labor agreement with the company's pilots'
union SEPLA.
The pilots' salaries will increase 3.5% in 2008 and 0.6% in
2009, Iberia said in a filing to the Spanish market regulator.
The agreement still requires a final approval in an assembly of
the company's pilots, Iberia added.
In December and January, Iberia canceled hundreds of flights due
to actions by its pilots, the company said at the time. Iberia said
the pilots were conducting stoppages, while SEPLA blamed Iberia for
the delays.
Iberia is Spain's largest airline by passengers and revenue.
Company Web site: http://www.iberia.com
-By Jason Sinclair, Dow Jones Newswires; 34 91 395 8127;
jason.sinclair@dowjones.com