Aporrizaje, Iberia hasn't been in decline for ten years but the industry has. Unfortunately for you you live in an area whose market has been systematically chipped away at by the likes of Easyjet and Ryannair for a good many years. Iberia also had one important market, South America. The dangers of putting all your eggs in one or two baskets (EU/SAM) is now evident. Good CEO's would have seen this coming and good union leaders would have too...