MADRID, June 5 Spanish airline Vueling
will be bigger than loss-making flag carrier Iberia within three
to five years, International Airlines Group
Chief Executive Willie Walsh was quoted on Wednesday as saying.
International Airlines Group, the parent company of British
Airways and Iberia, took control of the latter's low cost
domestic competitor Vueling in April. It is in the process of
laying off thousands of workers at Iberia, which has suffered
because of a recession in Spain that has left 27 percent of the
workforce out of work.
"In short and medium-haul routes it will definitely be in
five years and possibly even before, in three years," newspaper
Expansion quoted Walsh as saying.
According to figures from Spain's airport authority Aena,
Vueling transported 5.7 million passengers in the first fourth
months of the year, while Iberia and Iberia Express combined
carried 5.6 million.