Iberia and most of its unions have reached an agreement for a voluntary employment regulation file (ERE) affecting 996 employees, according to union and company sources. The deal includes early retirements at 80% of regulatory salary and incentivized redundancies of 35 days per year worked. It affects about 9.4% of the 10,700-strong workforce.
Iberia, part of the IAG group, and unions representing 92% of sections signed the voluntary ERE agreement on Monday, initially proposed on February 17. Union and company sources told EFE that of the 996 affected, 106 are pilots, 137 cabin crew (TCP), and 753 ground staff, including maintenance technicians and corporate personnel.
Conditions include early retirements from age 61 for ground and pilots, and 58 for TCP, at 80% of regulatory salary including allowances, up to age 65 in some cases, plus Loreto mutual coverage. For those under 60 (58 for TCP), incentivized redundancies offer 35 days per year worked, capped at 30 months with a one-year minimum. The deal improves initial terms, raising pre-retirement pay from 75% to 80%.
Signing unions are Sepla, Sitcpla, Stavla, Independent Candidacy, UGT Flight, CCOO Flight, CCOO, UGT, and Asetma. USO, which has representation, has not signed yet and will consult members. UGT noted the surplus quota ensures exits for those born in 1966 or earlier, opening to 1967 if needed.
Iberia links the ERE to optimization at Madrid-Barajas hub, digitalization, and fleet changes like Airbus A350, as part of its Flight Plan 2030. Adhesions will be processed in Q2 2026 on a staggered basis to avoid operational disruptions.
