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Iberia "struggling for survival"

Published on 13/11/2012 09:00 - By aeronewstv.com

DESCRIPTION : The spanish national carrier Iberia is losing money in all of its markets. With losses amounting to more than 260 million euros during the first nine months of this year, the management has decided to lay off 4,500 employees and lower salaries for those remaining on its payroll. Strikes are looming on the horizon !

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