oneworld

American Airlines and investment manager American Beacon Advisors have agreed to pay $22m to resolve a proposed class action accusing them of improperly profiting from the airline's employee plan at the expense of workers. Disclosed in a filing on Friday in Fort Worth federal court, the settlement will resolve claims that American Airlines used American Beacon as an investment manager for its workers' 401(k) plan because the airline had a financial stake in the investment company. American Beacon then packed the retirement plan with its own funds when cheaper options were available, the lawsuit had alleged.<br/>

Spanish airline Iberia has been slapped with a fine for forcing female job applicants to undergo pregnancy tests, prompting a outcry over sexism at the national flag carrier. Iberia, which formed an GBP5b alliance with British Airways in 2010, drew scorn on social media after claiming the measure was aimed at ensuring “the wellbeing of the baby and future mother”. It had argued that the test for flight crew applicants was not intended to filter out expectant mothers, but instead make sure they were placed in roles that would not involve any risk to the pregnancy. But authorities in Mallorca - where the practice was originally discovered - rejected that claim, ordering Iberia to pay GBP22,000 for what they described as a serious act of gender discrimination. Iago Negueruela, the work, trade and industry secretary for the Balearic Islands government, said Iberia was guilty of a "very grave infraction" and that men and women could not be given different tests for access to work. Iberia had not been asking male applicants if they were going to become fathers, Negueruela told Cadena Sur radio, insisting: "Any practice of this type must be excluded from the job market."<br/>