Iberia to follow through with initial three-month temporary redundancy plan

Iberia implemented (19-Mar-2020) an initial three-month temporary redundancy plan in response to the coronavirus. A maximum of 90% of flight, ground handling, line maintenance and cargo will be impacted under the plan. The carrier will also implement other cost-cutting initiatives such as outsourcing and consulting services, cancelling discretionary expenses, postponing corporate training and eliminating all marketing expenses. [more - original PR - Spanish]