Iberia cancels 121 flights due to pilot strike

20th Feb 2012 11:55

Spanish airline Iberia, part of the International Consolidated Airlines Group (IAG) cancelled 121 flights on Monday as a result of industrial action.The airline's unionised workers continue to protest against the creation of low-cost affiliate Iberia Express and called for additional strikes on Friday, February 24th and Wednesday, February 29th, on which days 113 and 130 flights will be cancelled respectively.Iberia Express is expected to begin operating on March 25th. The company explained that it will move forward with the project and that the creation of the low-cost company is not negotiable.By 11:08am, shares of IAG were up +0.05% to €2.066.C.P.O.