• Most Popular
  • Most Shared

Iberia workers unions extend strike by 8 days

Wed Nov 11, 2009 9:28am EST

Related News

Stocks

   

MADRID, Nov 11 (Reuters) - Unions representing Spanish airline Iberia's (IBLA.MC) cabin crew have extended strike action, which has forced the airline to ground some 800 flights, by eight more days, union officials said.

Industrials

The air steward strike, which went in to its fourth day since the end of October on Wednesday, aims to put pressure on Iberia during collective wage talks.

"We have called for eight more days because there is no will to reach an agreement. Our wages have been frozen since 2005 and, according to the company's viability plan, this will continue until 2011," a spokesman from the Sitcpla union said.

The new calendar for the industrial action includes Nov. 30, Dec. 1, 2 and Dec. 14-18.

At 1409 GMT, Iberia shares were up 1.47 percent at 1.996 euros, while the IBEX was up 0.17 percent. (Reporting by Robert Hetz; Writing by Paul Day, editing by Will Waterman)



More from Reuters

Photo

Sturdy U.S. home sales bolster economic growth prospects

WASHINGTON (Reuters) - Sales of previously owned U.S. homes jumped last month to their highest level in nearly three years, the latest sign that the economic recovery was gaining steam, after growing below expectations in the third quarter.

Guadalupe Hernandez receives an ultrasound by nurse practitioner Gail Brown during a prenatal exam at the Maternity Outreach Mobile in Phoenix, Arizona October 8, 2009. Credit: REUTERS/Joshua Lott

Health reform inches closer

Democrats are on the verge of passing landmark legislation by Christmas, with only one more hurdle remaining.  Full Article | Video 

Two men is reflected on a glass wall of Exhibitions Central in Dubai December 21, 2009, where Dubai World's western bank creditors are meeting. REUTERS/Ahmed Jadallah
Analysis:

Dubai, it's time to get creative

Scrambling to rebuild its image after a $26 billion debt bombshell, Dubai needs to raise cash without the PR nightmare of raising taxes.  Full Article