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Iberia, Líneas Aéreas de España, S.A.

 
Hoover's Profile: Iberia, Líneas Aéreas de España, S.A.
(Spanish:IBLA)
Contact Information
Iberia, Líneas Aéreas de España, S.A.
Velázquez 130
28006 Madrid, Spain
Tel. +34-902-400-500
Fax +34-91-587-47-41

Type: Public
On the web: http://grupo.iberia.es

The planes in Spain fly mainly for Iberia, Lineas Aereas de España, the country's leading air carrier. Including regional service operated by a contractor, Iberia flies to more than 100 destinations in about 40 countries with a fleet of some 200 aircraft. Outside Spain, the carrier serves markets in Europe, Latin America, and Africa. It extends its network as a member of the Oneworld global marketing and code-sharing alliance, which is led by American Airlines and British Airways. (Code-sharing enables airlines to sell tickets on one another's flights and thus offer passengers more destinations.) Iberia and British Airways agreed in November 2009 to merge.

Key numbers for fiscal year ending December, 2008:
Sales: $7,312.5M
One year growth: 93,557.9%
Net income: $35.2M
Income growth: 7207.6%

Officers:
Chairman and CEO: Antonio Vázquez Romero
Operations Manager: Ricardo Génova Galván
CFO and Corporate Strategy Manager: Enrique Dupuy de Lôme Chávarri

Competitors:
Air France-KLM
Lufthansa
UAL

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