Iberia Aims To Reduce Pilot Payroll By 20% To Become More Cost-Efficient

Iberia is stepping up its fight to lower pilot costs by using draconian measures. The airline plans to reduce pilot payroll costs by 20% or €62 million ($81.22 million) annually and improve productivity by 25% at the same time. Representatives of the pilot union, Sindicato Espanol de Pilotos de...

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