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 (February 2023)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
There are two official British Airways American Express cards with attractive sign-up bonuses:
SPECIAL OFFER: Until 21st February 2023, the sign-up bonus on the British Airways Premium Plus American Express card is increased to 35,000 Avios from 25,000 Avios. You can apply here.
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
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 10,500 Avios.
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 30,000 Avios sign-up bonus.
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.