IAG To Make Drastic Cuts at Iberia
IAG’s plan to cull 25 airplanes from Iberia’s fleet includes the removal of 20 short-haul types. (Photo: Iberia)
IAG’s plan to cull 25 airplanes from Iberia’s fleet includes the removal of 20 short-haul types. (Photo: Iberia)

A “comprehensive” plan unveiled Friday by International Airlines Group (IAG) to save its Iberia subsidiary from financial ruin calls for the company to cut 4,500 jobs, cut network capacity next year by 15 percent and eliminate 25 airplanes from the fleet.