Iberia (airline)

Iberia
IATA ICAO Callsign
IB IBE IBERIA
Founded28 June 1927 (1927-06-28)
Commenced operations14 December 1927 (1927-12-14)
AOC #ES.AOC.001[1]
HubsAdolfo Suárez Madrid–Barajas Airport
Frequent-flyer programIberia Plus
(Part of Avios Loyalty program)
AllianceOneworld
Subsidiaries
Fleet size90
Destinations130[2]
Parent companyInternational Airlines Group
ISINES0147200036
HeadquartersCiudad Lineal, Madrid, Spain[3]
Key people
  • Fernando Candela (President and CEO)[4]
RevenueIncrease €4.6 billion (2016)[5]
Net incomeIncrease €271 million (2016)[5]
Websitewww.iberia.com

Iberia (Spanish pronunciation: [iˈβeɾja]), legally incorporated as Iberia Líneas Aéreas de España, S.A. Operadora, Sociedad Unipersonal, is the flag carrier of Spain.[6] Founded in 1927 and based in Madrid, it operates an international network of services from its main base of Madrid–Barajas Airport.[7] Iberia, with Iberia Regional (operated by an independent carrier Air Nostrum) and with Iberia Express, is a part of International Airlines Group. In addition to transporting passengers and freight, Iberia Group carries out related activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering. Iberia Group airlines fly to over 109 destinations in 39 countries, and a further 90 destinations through code-sharing agreements with other airlines.[7]

On 8 April 2010, it was confirmed that British Airways and Iberia had signed an agreement to merge,[8] making the combined operation the third largest commercial airline in the world by revenue.[9] Shareholders of both carriers approved the deal on 29 November 2010.[10] The newly merged company, known as International Airlines Group (IAG), was established in January 2011, although both airlines continue to operate under their respective brands.[11]

  1. ^ "Listado de Certificados de Operador Aéreo (AOC) de avión y helicóptero" (PDF). Agencia Estatal de Seguridad Aérea (AESA). Archived from the original (PDF) on 16 July 2019. Retrieved 16 July 2019.
  2. ^ "Iberia on ch-aviation". ch-aviation. Retrieved 9 November 2023.
  3. ^ "Legal Information". Iberia. Retrieved 1 December 2021.
  4. ^ "Fernando Candela Appointed as New President and CEO of Iberia". www.aviacionline.com. 4 May 2023.
  5. ^ a b "IAG Annual report and results 2016" (PDF). International Consolidated Airlines Group. Retrieved 3 September 2017.
  6. ^ Linda Blachly, Linda Blachly (29 November 2017). "Iberia remodels T4 lounge at Madrid Airport". Air Transport World. Archived from the original on 1 December 2017.
  7. ^ a b "Directory: World Airlines". Flight International. 3 April 2007. pp. 91–92.
  8. ^ "British Airways and Iberia sign merger agreement". BBC News. 8 April 2010. Retrieved 8 April 2010.
  9. ^ "BA seals long-awaited Iberia deal". Reuters UK. 8 April 2010. Retrieved 8 April 2010.
  10. ^ "BA Iberia merger gets approval from shareholders". BBC News. 29 November 2010. Retrieved 1 February 2014.
  11. ^ "IAG shares begin trading, replacing BA and Iberia". BBC News Online. 24 January 2011. Retrieved 2 January 2012.

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