March 19, 2020 / 2:44 PM / 19 days ago

IAG's Iberia proposes temporary layoffs for three months due to coronavirus

MADRID, March 19 (Reuters) - IAG’s Iberia airlines has proposed laying off up to 90% of its air-bound staff temporarily for three months due to the coronavirus outbreak’s impact on the aviation sector, the company said in a statement on Thursday.

Spain’s Iberia said the proposed layoffs had to be approved by labour authorities. Its duration could be extended or shortened, it added. (Reporting by Joan Faus; Editing by Sonya Dowsett)

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