Iberia, the sister airline of British Airways, issued a statement yesterday saying that it had asked the ‘labour authorities’ for permission to make the majority of employees temporarily redundant.
These would initially be for a three month period with the possibility of extension.
Flight crew, as well as ground handling, line maintenance and cargo staff would be cut by 90%.
In addition, 70% of office-based staff were likely to be laid off and 80% (rising to 90%) of heavy maintenance staff. The only area to get off relatively lightly by comparison is engine maintenance with a 60% cut, as it has external customers as well as Iberia.
The airline has confirmed that it will not ground its fleet entirely, with some short, medium and long haul flights running. These would be used primarily to take non-residents home and to bring back Spanish residents abroad.
Full details, in English, can be found on the Iberia website here.
How to earn Avios from UK credit cards (January 2022)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
There are two official British Airways American Express cards with attractive sign-up bonuses.
There are special sign-up bonuses on both of the BA American Express cards until 28th February 2022. The bonus on the free card is doubled to 10,000 Avios and the bonus on the Premium Plus card is increased from 25,000 Avios to a huge 40,000 Avios.
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
Run your own business?
We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 30,000 Avios.
30,000 Avios is a special offer which runs to 4th February 2022.
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 45,000 Avios sign-up bonus.
45,000 Avios is a special offer which runs to 28th February 2022.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
(Want to earn more Avios? Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)