A Spanish pilots union has called a strike at Air Europa to demand more pay, as the airline is in the process of being acquired by IAG SA.
The Sepla union is calling on 607 members to strike for several days in May and June given “the company’s zero interest in reaching an agreement that resolves the labor dispute,” according to a statement Wednesday. Wage talks with Air Europa collapsed after union and company representatives failed to reach an agreement after enlisting support from a mediator.
If approved by the European Commission, the deal would allow IAG’s unit Iberia to gain slots at Madrid airport. Analysts have noted that the terms of the transaction are not as good as they were before the pandemic and that the newly-acquired company could add to IAG’s debt burden.