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IB Reaches Union Agreement  
User currently offlinePDPsol From United States of America, joined Feb 2004, 1119 posts, RR: 5
Posted (1 year 11 months 2 weeks 8 hours ago) and read 2493 times:

Appears IB and labor union negotiators have reached an agreement. The strike originally scheduled for the post-holiday season has been cancelled, thankfully.

http://www.reuters.com/article/2012/...-unions-jobs-idUSLNE8BG00H20121217

Negotiations will continue through January, several thousand job cuts planned

Should be good news if IB can finally right-size and lower compensation levels to a sustainable rate.

4 replies: All unread, jump to last
 
User currently offlineLHRFlyer From United Kingdom, joined Apr 2010, 820 posts, RR: 1
Reply 1, posted (1 year 11 months 2 weeks 7 hours ago) and read 2305 times:

From my reading of the article, they have agreed to negotiate the terms of an agreement, but have not actually reached an agreement yet. The Iberia press release is quite vague.

http://grupo.iberia.es/portal/site/g...6f9a8ab310VgnVCM20000060fe15acRCRD

But the fact they are negotiating is a positive step.

[Edited 2012-12-17 08:42:20]

User currently offlinePDPsol From United States of America, joined Feb 2004, 1119 posts, RR: 5
Reply 2, posted (1 year 11 months 2 weeks 6 hours ago) and read 2121 times:

Correct, they have 'agreed to agree to negotiate' LOL! But, the important step is that they are avoiding the strike post-holiday.

One can only imagine now difficult these negotiations must be, agreeing to lay off thousands and thousands of posts.


User currently offlinemigair54 From Spain, joined Jun 2007, 1856 posts, RR: 1
Reply 3, posted (1 year 11 months 2 weeks 3 hours ago) and read 1880 times:

I read in the newspaper that pilots wouldn´t mind to reduce the salary by 50%, and also they the union is saying that if the things continue like now IB will disappear in few years because the fusion with BA.

Quoting PDPsol (Reply 2):
Correct, they have 'agreed to agree to negotiate' LOL! But, the important step is that they are avoiding the strike post-holiday.

then they´ll agree that they are not agree and back to start point...


User currently offlineLHRFlyer From United Kingdom, joined Apr 2010, 820 posts, RR: 1
Reply 4, posted (1 year 11 months 2 weeks 2 hours ago) and read 1833 times:

Quoting migair54 (Reply 3):
I read in the newspaper that pilots wouldn´t mind to reduce the salary by 50%, and also they the union is saying that if the things continue like now IB will disappear in few years because the fusion with BA.

I believe this is only for new entrants on short/medium haul flights which Iberia pilots had offered to do previously to prevent Iberia Express and that clearly wasn't enough for Iberia management.

I think there are still big stumbling blocks but it's good there are negotiations and it is a wise move to bring in a third party mediator. I suspect this is a lesson learned from the BA cabin crew dispute and will help moderate any potential for bad behaviour (not turning up to meetings, or walking out of meetings).


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