I think you'll find that what's happening here is that Iberia are going to pull the few remaining international services they still have from BCN and make it a low cost hub for their inferior subsidiary Vueling. This will disgust the Catalans (OFSO where are you?).
Whilst it is hard to imagine that a product can be inferior to Iberia, Vueling achieves that. A great shame because until Iberia pulled them down into the gutter with them, they were a good carrier.