International Consolidated Airlines : IAG's Iberia proposes temporary layoffs for three months due to coronavirus

IAG's Iberia airlines has proposed laying off up to 90% of its air-bound staff temporarily for three months due to the coronavirus outbreak's impact on the aviation sector, the company said in a statement on Thursday.

Spain's Iberia said the proposed layoffs had to be approved by labour authorities. Its duration could be extended or shortened, it added.

(Reporting by Joan Faus; Editing by Sonya Dowsett)