Iberia pilots agree to talks with IAG

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The Independent Online

International Airlines Group, the owner of British Airways and Iberia, could escape strikes and other industrial action after the Spanish pilots' union agreed to talks on restructuring Iberia by axing staff and cutting salaries.

Willie Walsh, the chief executive of IAG, plans to cut more than 4,000 jobs, a fifth of Iberia's workforce, sell off planes and reduce routes.