British Airways under heavy strike

British Airways started a 3 day strike to protest against the planned changes to pay and other conditionals that made thousands of passengers suffer. BA and the Unite Union had a fierce disagreement regarding this strike’s effect, but 12,000 cabin crew of the airlines finally staged the final day of industrial action. The BA staff has made it clear that unless a reasonable solution is found to justify the employees’ pay they will go for strike again on March 27.

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New Plan of Iberia to Cut Costs

Iberia decided to approve a strategy, called Plan 2012, the aim of the plan is to increase operating profile by €450 million. To fulfill the plan the company decided to cut costs and make efficient improvements. Rafael Sanchez-Lozano said that as the airline industry underwent a dramatic situation, it was decided to modify Iberia into a viable project. In the first half Iberia Group stated a consolidated dead loss of €165.4 million that could lead to a full-year deficit for the first time in 14 years.
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