IAG strikes Spanish pilots pay deal
International Airlines Group (IAG) has reached a deal with Spanish pilots to link salary rises to group profitability from 2015, helping to ensure the viability of local carrier Iberia. IAG, which groups British Airways and Spanish carriers Iberia and Vueling, said that Spanish pilots union Sepla had agreed wages would be frozen until 2015, and also agreed to productivity improvements. Luis Gallego, Iberia’s executive chairman, called the deal “groundbreaking”.