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IBERIA CUTS COSTS AND CAPACITY
MADRID, Spanish Iberia said yesterday it will carry on a plan in order to save about $150 million in the next two years by reducing capacity and cutting some jobs. Capacity is to be gradually trimmed by 11% starting from November. The carrier will also cut all loss-making routes and could ground further seven planes.
AVIONEWS - World Aeronautical Press Agency - 18719
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency