About The Company
Spain’s largest airline is Iberia Airlines which is based out of Madrid. Iberia Airlines has an extensive service network that operates internationally. Their main bases of operations are found at the Madrid and Barcelona airports. In 2005 the company made a large amount of profits for its tenth consecutive year and transported over thirty-two million passengers on their flights.

By 2008 Iberia Airlines plans to have a fleet entirely made up of Airbus aircraft and retire all of their remaining Boeing and McDonnell aircraft. Iberia Airlines is one of the few companies that make extensive use of an e-ticket system and actively encourages their customers to print out their boarding passes prior to coming to the airport. As a result passengers who only have carry on luggage can go directly to the boarding gate. Ninety-three percent of the companies sales are done by e-ticket in January 2006. Identification through a identity document or passport is required for all airlines on all routes in Spain include domestic flights.

The Iberia Regional and Air Nostrum franchise includes the Iberia Group. Iberia Airlines not only transports passengers and freight, but they also carry out other related activities including aircraft maintenance, airport handling, IT systems and in flight catering services.

Iberia Airlines has a total of 105 destinations in forty different countries throughout the world. The company has also made code-sharing arrangement with other airline companies so that they can offer their passengers another sixty destinations in twenty-five different countries. Their current fleet is over two hundred aircraft and about a thousand flights are made by Iberia Airlines every day.

Twenty-eight million passengers and over two hundred thousand tons of freight were carried by Iberia Airlines in 2002. Iberia Airlines need to expand was helped when a new terminal was opened at Madrid and awarded to Iberia Airlines in 2006. Nearly sixty percent of the total traffic at Madrid comes from Iberia Airlines. Over twenty million passengers flew out of Madrid by Iberia Airlines in 2005. Iberia Airlines is a part of the Oneworld alliance with American Airlines, British Airways and Grupo TACA after joining in 1999. Nine percent of the companies capital is shared by British Airways.