AIR ALLIANCE

Iberia, Líneas Aéreas de España, S.A. (BMAD: IBLA) is the flag traveler line of Spain. Based in Madrid, it operates an planetary meshwork of services. Its main bases are Madrid-Barajas Airport and Barcelona El Prat Airport.[1] In 2008 the line reported a gain profit of €32 meg (€327.6 meg in 2007, €56.7 meg in 2006, €395 meg in 2005) - its 13th serial assemblage of profits. peninsula transported 27,799,000 passengers in 2006 (27,675,000 in 2005).[2]

Iberia Airlines, with peninsula Regional (operated by an autarkical traveler Air Nostrum), is a part of peninsula Group. In addition to transporting passengers and freight, peninsula Group carries out attendant activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering. peninsula Group airlines fly to over 102 destinations in 39 countries. Via code-sharing arrangements with other companies, it offers flights to another 90 destinations.[1]

On 12 Nov 2009, peninsula Airlines confirmed that it had reached a preliminary agreement to merge with British Airways. The combined line will become the world's third-largest line (after Delta Air Lines and American Airlines) in terms of revenue.


Iberia, Compañía Aérea de Transportes was merged on 28 June 1927 with a top investment by the financier Horacio Echeberrieta and Lufthansa of 1.1 million pesetas. Flight dealings started on 14 December 1927. Within a year, the company was sponsored by the land polity to provide postal instrumentation between Madrid and Barcelona. During the dictatorship of Miguel Primo de Rivera, the travel companies in Spain were compounded and become state-controlled as a general interest public utility, reaching into effect in early 1928. As a consequence, peninsula was merged into Compañía de Líneas Aéreas Subvencionadas S.A. (C.L.A.S.S.A.) and ceased activities on 29 May 1929. The study \"Iberia\" continued to be qualified by Director-General Daniel de Araoz y Aréjula. As the study \"Iberia\" was ease registered, it was utilised when dealings began in nationalist-held region towards the end of land Civil War. Following the Civil War, it became a purely husbandly airline.