Particle.news

Download on the App Store

Iberia Launches €6 Billion Flight Plan to Cement Madrid as Major European Hub

New Airbus jets alongside a state-of-the-art aeronautical campus will underpin Madrid’s expansion as a leading intercontinental hub

Image
Image

Overview

  • The airline will boost its long-range fleet from 45 to 70 wide-body aircraft, allocating 60 percent of its investment to these new jets.
  • New Airbus aircraft will open direct routes from Madrid to Toronto, Philadelphia and Monterrey as part of the expanded schedule.
  • Construction of Ciudad Iberia in La Muñoza will centralize Iberia’s operational headquarters in a cutting-edge aeronautical campus and support infrastructure upgrades like a new T4 VIP lounge and digitalization initiatives.
  • Plan de Vuelo 2030 includes hiring about 1,000 employees annually and is projected to generate roughly 250,000 direct and indirect jobs across maintenance, handling and support services.
  • All long-haul growth at Barcelona’s El Prat will be handled by IAG’s low-cost unit Level, widening the gap in intercontinental services between Spain’s two main airports.