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iberia announces over 2500 jobs cut

Losses of 75% in 2001

According to an Iberia Spanish airline spokesman, net incomes in 2001 fallen of 75% respect year 2000, to near 50 EURm, against financial analysts expectations of at least 70 EURm. This led airline to announce dismission of 10% of its 29,000 whole workforce (GioBru

AVIONEWS - World Aeronautical Press Agency - 22737
Rome, Italy, 01/25/2002 17:49
AVIONEWS - World Aeronautical Press Agency

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