Iberia (IB, Madrid Barajas) has announced plans to cut up to 2200 jobs (or 10% of its workforce) because of its bad financial results. It has started codesharing on Bulgaria Air (FB/Sofia) services operated by the latter between Madrid and Sofia. It will introduce new seasonal services this summer season operated by its partner Air Nostrum (YW/Valencia): Badajoz-Paris Orly: 2x weekly CRJ-200 service between July 25 and September 5 Barcelona-Kerkyra: weekly CRJ-900 service between July 26 and September 6 Bilbao-Funchal: 2x weekly CRJ-900 service between July 24 and September 6 Bilbao-Marrakech: weekly CRJ-900 service between July 23 and September 5 Madrid-Kerkyra: 2x weekly CRJ-900 service between July 26 and September 6 Madrid-Malta: 2x weekly CRJ-900 service between July 24 and September 4 Madrid-Palermo: up to 9x weekly CRJ-900 service between June 4 and September 26 Valencia-Dubrovnik: 2x weekly CRJ-900 service between July 26 and September 1 Valencia-Funchal: 2x weekly CRJ-900 service between July 24 and September 6 Valencia-Marrakech: weekly CRJ-900 service between July 23 and September 5 It has however given up its Ciudad Real-Lisbon, Madrid-Clermont-Ferrand/Lille/Rennes and Valencia-Bologna Marconi routes and its partner Air Nostrum will also not launch the planned Valencia-Vienna route. In other news, Iberia has published stated that it could also imagine mergers with either Air France (AF/Paris CDG) and KLM Royal Dutch Airlines (KL/Amsterdam) or with Lufthansa (LH/Frankfurt Intl) in case the merger talks with British Airways (BA/London Heathrow) are not successful.