Thu, 19th Mar 2020 14:30
MADRID, March 19 (Reuters) - IAG's Iberia airlines
has proposed laying off up to 90% of its air-bound staff
temporarily for three months due to the coronavirus outbreak's
impact on the aviation sector, the company said in a statement
on Thursday.
Spain's Iberia said the proposed layoffs had to be approved
by labour authorities. Its duration could be extended or
shortened, it added.
(Reporting by Joan Faus; Editing by Sonya Dowsett)
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release o...
PARIS, May 10 (Reuters) - British Airways owner IAG said on Friday it is in talks with other airlines about ceding routes in order to address EU reg...
(Alliance News) - Stock prices in London were up at midday on Friday, hitting a record high once again as investors reacted positively to a dovish Ban...
(Alliance News) - British Airways-owner International Consolidated Airlines Group SA on Friday said it is well positioned for the key summer season as...
IAG operating profit at 68 million in Q1, compared to 9 million last year *
International Airlines (IAG)