I agree that's why I believe that arbitration will primarily focus on reducing redundancies.
For this to happen something else must give. The Spanish Government had to sanction the merger of IB/BA into IAG and therefore must take some responsibility when it comes to the need for cost cutting.
The Iberian peninsula has been terribly hit by the financial crisis perhaps as neither Spain nor Portugal had any crash protection when the housing boom collapsed.
It will be difficult days ahead.