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Iberia to expand routes to US and Canada with major fleet upgrade
Spanish airline Iberia has unveiled plans to expand its long-haul fleet from 45 to 70 aircraft, enabling the carrier to increase flight frequencies and introduce new routes across North and South America. The announcement marks a significant step in Iberia’s strategy to strengthen Madrid's Barajas airport as a key European hub and enhance Spain’s global connectivity.
New routes in North and South America
Iberia’s expanded network will include new routes from Madrid to Toronto, Philadelphia, and Orlando, as well as Monterrey in northern Mexico, and Recife and Fortaleza in Brazil. The airline is also evaluating other destinations in the Americas, with plans to increase frequencies to cities such as San Juan (Puerto Rico), San Francisco (USA), Santo Domingo, Caracas, Guayaquil, Lima, Santiago de Chile, Rio de Janeiro, and São Paulo.
Fleet renewal for efficiency and sustainability
As part of its strategic plan, Iberia intends to renew its short- and medium-haul fleet, replacing older aircraft with more efficient and environmentally friendly Airbus A320 and A321neo models. This move aligns with the company’s commitment to reducing emissions and modernizing its operations.
Investment in infrastructure and innovation
The airline plans to invest €6 billion ($6.9 billion) in its strategic initiatives, which include building a new premium lounge at Madrid Barajas airport and incorporating artificial intelligence to enhance customer service. These developments aim to improve the travel experience and position Iberia as a leader in the competitive aviation market.
Strong financial performance and future plans
IAG, the parent company of Iberia and British Airways, recently announced a multi-billion-dollar order for Boeing and Airbus aircraft, scheduled for delivery between 2028 and 2033. In 2024, Iberia reported a full-year net profit of €2.7 billion, a three percent increase compared to the previous year, highlighting its robust financial position and capacity to execute its ambitious growth strategy.