Loading
3-Jun-2010 12:30 PM

Iberia seeking 'consensus with unions' on proposed low-cost airline

Iberia Chairman, Antonio Vazquez, stated the carrier wants “consensus with unions” on a new low-cost short-medium range airline before summer-2010 (Reuters/AFP, 02-Jun-2010). The plan to create a Madrid-based low-cost network to feed the carrier’s growing long-haul business was announced in Oct-2009, as part of its 2012 strategic plan. 

Iberia: "We want consensus with the unions, but it must be clear that our short-medium range model has to change, without a doubt. It's not just about cost-cutting," Antonio Vazquez, Chairman. Source: Reuters, 02-Jun-2010.

Iberia: "The national network of high-speed trains is increasing, airports favour ... low-cost airlines and the fact that price is a key factor for our clients when it comes time for them to choose an airline all force us to react firmly," Antonio Vazquez, Chairman. Source: AFP, 02-Jun-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More