Originally Posted by Oaxaca

Suspect IAG doesn’t have much choice, when entering consultation like this as a UK employer, you have to inform the RPS (govt) and I guess it’s material enough to require a release to the stock market. Don’t have direct knowledge of what IAG is doing in Spain, but wouldn’t be at all surprised if IB/VY were using the force-majeure ERTE scheme under the state of alarm (rough equivalent to the UK job retention scheme, though works differently). Dismissing staff falling under this scheme is legally risky in Spain (though in fairness the law isn't exactly recently tested in this area and IANAL), and in any case the law works differently there. Once the state of alarm finishes, sadly it would not be surprising to hear similar news out of Spain.