Iberia to Expand Long-Haul Fleet to 70 Aircraft Under New 2030 Plan
COMMUNITY OF MADRID, SPAIN, JUN 18 – Iberia plans to increase its long-haul fleet from 45 to 70 aircraft and hire 1,000 employees annually, aiming to boost profitability to 13.5-15% and contribute €19 billion annually to Spain's GDP.
- Iberia announced its 2030 Flight Plan today, aiming to expand its long-haul fleet from 45 to 70 aircraft based at Madrid-Barajas Airport.
- The plan aligns with Iberia's strategy to develop Madrid as a key European hub while improving Spain's international connections through the addition of new aircraft and expanded routes.
- Iberia will refresh cabins, introduce new routes to Philadelphia, Toronto, Monterrey, Recife, Fortaleza, and Orlando, and open a new lounge in Madrid's Terminal 4.
- The airline will invest over €6 billion, hire 1,000 employees yearly, and deploy more efficient Airbus A320 and A321neo planes as part of this plan.
- This expansion suggests increased flight frequencies and destinations, positioning Iberia for growth amid rising tourism, while citizens express concerns about overtourism.
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Tourism in Spain may soar to new heights by 2030.Daniel Garrido/Getty Images An airplane landing at a Spanish airport at sunrise.Key PointsIberia Airlines will invest approximately $6.9 billion into its flight operations.The airline will also increase flights to Spain from Philadelphia and recently began a new route from Orlando, Florida. The new routes come as citizens of Spain have campaigned against over-tourism. Tourism in Spain may soar to …
Spain's Iberia set to launch new flight routes to US and Canada
Spanish airline Iberia said Wednesday it plans to expand its fleet of long-haul planes from 45 to 70, enabling it to increase flight frequencies and add new destinations to its route map, mostly in North and South America.
Iberia's new strategic plan envisages investments of 6 billion euros up to 2030 aimed, above all, at boosting the Barajas hub, through the purchase of aircraft and the construction of new infrastructure. It is a determined bet that will widen the existing gap with El Prat in long-range flights, in which the IAG airline will not increase its presence at Barcelona airport, despite the recent announcement of its expansion.Continue reading...
Iberia plans to invest 6 billion euros in its 2030 Flight Plan, with the aim, among others, of turning Barajas into a hub.
Almost a year ago, the European Commission imposed on Iberia such severe conditions for the purchase of Air Europa, that the company that dominates Barajas airport renounced the...
Iberia is dressed up to present its new strategic plan: the long-awaited 'Flight Plan 2030' that will guide the course of its aircraft until the end of the decade. This roadmap, which received the plácet from its investors yesterday, has been presented in Madrid on Wednesday by its executive director, Marco Sansavini, with the promise to invest 6 billion euros in the next five years. The company that is part of the Hispanic-British consortium IA…
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