News Headline Summary

IAG (IAG LN) says plans to lay off 3,807 Iberia staff in restructuring plan

Says:
- There will be a 30 day consultation process.

Reaction details:

- No immediate reaction observed in Co. shares, traded last at GBP 21.65 (+0.14%)

Print 11:58, 12 Feb 2013 - FTSE 100 - Source: Newswires