Misplaced Pages

#802197

67-620: The old Mariscal Sucre International Airport ceased all operations at 19:00 on February 19, 2013, following the departure of TAME flight 321 to Guayaquil (scheduled for 18:55). Iberia operated the final international departure from the airport. On the morning of February 20, 2013, all operations moved to the new airport of the same name . The first domestic flights scheduled to arrive at the new airport were TAME Flight 302 originating in Guayaquil, and LAN Flight 2590 originating in Lima, Peru. The new airport

134-539: A 35% stake in Chilean Ladeco . The airline continued making progress in setting up Europe's first international airline frequent-flyer programme in 1991, with the creation of Iberia Plus. In 1994, the poor results of Aerolineas Argentinas, which presented a positive balance in its commercial exploitation but hid a significant deficit with losses in non-operating activities, led Iberia to increase its ownership participation to 85%. With this increase in participation,

201-930: A domestic destination to an international destination (Such as Tena to Cali), from an international destination to a domestic city (Such as Cali to Tulcán ), between two international destinations (Such as Bogota to Panama City ) and allows for simpler codeshare connections (such as Lima to Santa Rosa with TACA Airlines and TAME). The hub also featured facilities for easier transits, such as exclusive check-in counters for travelers in transit, buses for internal transportation between Terminals A & B, and two special lounges for national and international transit passengers to avoid having to go through Ecuadorian customs and immigration between transits. TAME's hub transferred to Mariscal Sucre International Airport in Tababela on February 19, 2013. The airport consisted of one terminal split into national and international sections. It

268-472: A general interest public utility, starting early 1928. Consequently, Iberia was merged into CLASSA (Compañía de Líneas Aéreas Subvencionadas S.A. ), ceasing independent operations on 29 May 1929. Although the airline had neither a fleet nor commercial operations under its brand, the name 'Iberia' remained registered. In 1937, during the Spanish Civil War , Spanish navy captain and director-general of

335-457: A joint business with Qatar Airways and British Airways which includes the operation of three daily flights between Qatar Airways' Doha hub and Madrid along with up to 10 flights between Doha and London. Iberia also participates in the Oneworld transatlantic joint venture with American Airlines , British Airways , and Finnair . As of May 2024 , Iberia had codeshare agreements with

402-475: A new business class for its long-haul planes. Iberia was one of the last remaining major airlines to equip all of its intercontinental routes with personal entertainment screens . As of 2016 , the Airbus A330-200 and −300, and A340-600 fleets are equipped with personal IFE . In-flight catering is provided by Do & Co . Business Class is available on Spanish domestic and inter-European flights. Seats are

469-610: A part of the deal. In the 1990s, Iberia followed a policy of buying shares of Latin American flag carriers. It intended to dominate the entire Latin American market and become one of the largest airlines on the worldwide scene. The investments started in June 1990 with the buying of a 30% stake in Aerolineas Argentinas . In 1991 Iberia bought a 45% stake in Viasa for $ 81 million and

536-493: A preliminary agreement to merge with British Airways . The merger between the two carriers would create the world's third-largest airline in terms of revenue. On 8 April 2010, it was confirmed that British Airways and Iberia had agreed to a merger, forming the International Airlines Group , although each airline would continue to operate under its current brand. In November 2012, Iberia announced plans to reduce

603-402: Is a part of International Airlines Group . In addition to transporting passengers and freight, Iberia Group carries out related activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering. Iberia Group airlines fly to over 109 destinations in 39 countries, and a further 90 destinations through code-sharing agreements with other airlines. On 8 April 2010, it

670-553: Is also active as a tour operator through its Viva Tours and Tiempo Libre units, and with Cacesa, it supplies parcel shipment services. In addition, Iberia is an aircraft maintenance company, servicing its fleet and those of another 48 companies, including some leading European airlines. Iberia is a supplier of aircraft handling services at all Spanish airports and two in Equatorial Guinea ; its airline clients number more than 200 and has 7300 employees. Iberia participates in

737-673: Is an airline based in Quito , Ecuador . It operates passenger and cargo flights within Ecuador , between the mainland and the Galápagos Islands , and between Ecuador and Colombia (on behalf of Avianca ). It is one of the seven nationally branded airlines ( Avianca Costa Rica , Avianca El Salvador , etc.) in the Avianca Group of Latin American airlines. AeroGal was founded in November 1985 by

SECTION 10

#1732859334803

804-512: Is based near Barcelona, with parent company IAG owning the remaining 90.51%. This was done to ensure that IAG does not have 100% of the shares in Vueling, but that the shares are split between its divisions. Iberia also has a 0.95% share in Royal Air Maroc . Iberia is allied with American Airlines , Qantas , Avianca and British Airways, and it was allied with Grupo TACA . On 1 September 1999,

871-611: Is located in the Tababela parish, about 18 kilometres (11 mi) to the east of the city. It was constructed by a private consortium. The former airport is now the site of Parque Bicentenario , the biggest urban park in Quito. Due to its location in the middle of a city surrounded by mountains, the old airport could no longer be expanded to accommodate any larger aircraft or an increase in air traffic. Its operation posed risks; several serious accidents and incidents had occurred in years prior to its closure. Mariscal Sucre International Airport

938-520: The Convention on International Civil Aviation of 14 June 1954 made in Paris on 30 June 1956 about non-scheduled air services enabled mass tourism using chartered aircraft since allowing European member states to carry out this type of operation with international flights between their territories. This favored the airline given that it had in its territory several highly sought after destinations, mainly those on

1005-533: The Francoist regime delayed the establishment of some destinations until the beginning of the 1950s. Iberia incorporated four more DC-4s into its fleet during the first half of 1950, enabling both the strengthening of current services and the launch of new ones. With the Pact of Madrid in 1953, visa requirements were eliminated for US visitors to Spain. This stimulated the start of transatlantic flights between Spain and

1072-550: The IBEX 35 stock index of the Madrid stock exchange . The core shareholders were: Caja Madrid – 23.45%, British Airways 13.2%, SEPI – 5.20%, El Corte Inglés – 2.90%. British Airways raised its stake in Iberia by purchasing American Airlines ' remaining shares, reportedly paying £13m for the small shareholding. This increased BA's total stake in Iberia to around 10% and preserved its two seats on

1139-529: The "TAME" VIP Lounge in terminal B, a lounge that was exclusively for first and business class passengers. This area was nominated as the best VIP lounge of the year in Ecuador, the "QUIPORT VIP Club", and a lesser VIP Lounge, the "American Airlines Admirals Club" in the gate 10. Transportation between the airport and city was provided by taxis, tour buses and vans. For security reasons, visitors were recommended to take only those taxis offered by registered companies at

1206-553: The Argentine flag carrier was sold to the Spanish company Grupo Marsans . In 2008, the president of Argentina Cristina Fernández de Kirchner expropriated the company from Grupo Marsans for the symbolic price of 1 Argentine peso ($ 0.57) and renationalized the airline. In July 2017 the ICSID ordered Argentina to pay 320 million dollars to Grupo Marsans for having paid a lower price than

1273-402: The Argentine state renounced its " golden share ", allowing Iberia to have full fiscal control of the company. Iberia began a reduction in the size of the company, a liquidation of the national and overseas offices, and the technical sale of its entire fleet composed of 28 aircraft in a "sale and lease back" operation. Argentine sources indicate that the purchase capital of Aerolíneas Argentinas

1340-544: The Cargo Terminal. Iberia (airline) Iberia ( Spanish pronunciation: [iˈβeɾja] ), legally incorporated as Iberia Líneas Aéreas de España, S.A. Operadora, Sociedad Unipersonal , is the flag carrier of Spain . Founded in 1927 and based in Madrid , it operates an international network of services from its main base of Madrid–Barajas Airport . Iberia, with Iberia Regional (operated by an independent carrier Air Nostrum ) and with Iberia Express ,

1407-581: The Ecuadorian businessman Carlos Serrano Lusetti, with the objective of offering air transportation of passengers and cargo in Continental Ecuador and the Galapagos Archipelago. It began operating in 1986 with 2 Dornier Do 28s with a capacity for 12 passengers each. In October 2009, AeroGal was 80% taken over by Synergy Group and announced its merger with Avianca , and TACA Airlines . With

SECTION 20

#1732859334803

1474-561: The Iberia board. In July 2008, British Airways and Iberia announced plans to merge, wherein each airline would retain its original brand. The agreement was confirmed in April 2010, and in July, the European Commission and United States Department of Transportation permitted the merger and the two airlines began to co-ordinate transatlantic routes with American Airlines. On 6 October 2010,

1541-463: The United States the following year. The airline phased in the first of three Super Constellations in June 1954. The aircraft was named Santa María to commemorate Columbus' first voyage and was deployed in the inauguration of the new Madrid– New York service two months later, on 3 August 1954, the same day that Columbus left the port of Palos de la Frontera . The amendments to Article 6 of

1608-533: The agreement for the liquidation of Viasa that accumulated a 200 million dollar debt, with a capital of only 2 million dollars, was announced. Iberia and the Venezuelan government had the intention of liquidating the company to avoid bankruptcy . Iberia offered to write off the 150 million dollar debt that Viasa had accumulated to the Spanish carrier in exchange for keeping its fleet of four DC-10s and five Boeing 727s. The agreement included compensation for

1675-412: The airline operating despite the poor results. Meanwhile, the Argentine government refused to invest more capital and expressed its desire to get rid of a large part of its shares. Iberia carried out major reforms in the structure of the company, which by that date was outdated with, among other things, extortionate personnel costs. Some of these changes included the development of a free booking program,

1742-430: The airline was renamed to Avianca Ecuador and continues to operate in Ecuador. On June 18, 2014, AeroGal was renamed under the brand Avianca Ecuador, but the official name was not changed accordingly until early 2018, when the company was officially renamed to Avianca Ecuador S.A. Avianca Ecuador serves the following destinations: As of May 2023 , Avianca Ecuador operates the following aircraft: As AeroGal,

1809-457: The airport Terminal A arrivals area. The airlines listed in bold are currently in operation and serve the new Quito airport while the airlines listed in italics are also in operation but no longer serve Quito. This terminal served national arrivals and departures, the airlines that served here were: This terminal served international arrivals and departures, the airlines, defunct or still operating, were: These destinations were served from

1876-531: The alliance between British Airways, American Airlines and Iberia formally began operations. At the time it was estimated the alliance would generate an estimated £230 million in annual cost-saving for BA, in addition to the £330 million which would be saved by the merger with Iberia. The merger was finalised on 21 January 2011, resulting in the International Airlines Group (IAG), the world's third-largest airline in terms of annual revenue and

1943-401: The company Daniel de Araoz y Aréjula received the order from General Kindelán to organize an airline for the air transport in nationalist-held territory during the war. Daniel de Araoz y Aréjula traveled to Germany to get support and material for the restoration of the company as an independent airline, thus six Junkers Ju 52 from Deutsche Luft Hansa arrived, which were acquired by Iberia at

2010-481: The company joined the Oneworld alliance. Iberia formerly owned Aviaco , which operated most domestic routes. It was founded on 18 February 1948 and operated until 1 September 1999. Iberia also owned Binter Canarias , until the Spanish government began the privatisation of the subsidiary. Hesperia Inversiones Aéreas bought the airline from Iberia in July 2002. A second airline using the Binter name, Binter Mediterraneo ,

2077-507: The company was to separate itself from the German orbit to which it had been linked in its first years and establish relations with the United States in terms of aircraft purchase and supplies of aeronautical material for the operation. Thus that year the purchase of seven DC-3 and three DC-4 was finalized, to expand the network in Europe and accomplish the company's first transatlantic flight. This

Old Mariscal Sucre International Airport - Misplaced Pages Continue

2144-636: The company, this operation was approved by the Chilean antitrust prosecution, and then began a merger process in which Iberia lost some rights acquired during its time as shareholder of Ladeco. In 1997, Iberia sold its shares in Ladeco. In 1996, the airline launched its website . The company ordered 76 aircraft from Airbus in February 1998, which at the time was the largest single Airbus order. The following year it bought Aviaco and inherited that airline's fleet. By

2211-486: The complete computerization of the management system, the introduction of business class on domestic flights, and the creation of a new hub in Ezeiza International Airport for long range regional flights to Latin American destinations. In 1995, before the process of privatization of Iberia, Aerolineas Argentinas was transferred to the Spanish government through INI , which would later become SEPI . In 2001,

2278-516: The eastern and southern Mediterranean coast and in the Balearic and Canary Islands, highly demanded by seaside tourism which began with this type of operation. In 1959, the Spanish airline Aviaco became a part of Iberia by controlling two-thirds of its capital in a capital increase. Aviaco had been created in 1948, after the national air traffic had been liberalized for Spanish private companies in 1946. In 1961, Iberia had 9 Super Constellation in

2345-627: The end of the '90s, Iberia owned as majority shareholder the Spanish airlines Aviaco , Viva Air , Binter Canarias and Binter Mediterráneo , and Latin American airlines Aerolíneas Argentinas , Austral , Viasa and Ladeco . During 2001, Iberia was privatised and its shares were listed on stock exchanges. By 2002, when Iberia celebrated its 75th anniversary, it had carried nearly 500 million people in its history. In July 2004, Iberia announced it had decided to move its Latin American hub from Miami , Florida to San Pedro Sula , Honduras. On 5 February 2006, Terminal 4 at Madrid - Barajas Airport

2412-462: The end of the conflict, in addition to material to help the operations. As the name "Iberia" was still registered, it was used when operations began in 1937 towards the end of the war. During the conflict Iberia was a purely domestic airline, with headquarters in Salamanca the airline operated flights to cities in the nationalist side, Spanish North Africa , Spanish West Africa and Morocco . After

2479-581: The financial year ending 31 December): The company head office is in the MV49 Business Park in Madrid. This facility is in proximity to the intersection of the Autopista de Circunvalación M-30 and Avenida de América . In 2013 the company moved its head office from the former Campos Velázquez , in the Salamanca district of Madrid, to save money. On 3 April 2001, Iberia was privatised and included in

2546-448: The fleet, that year came into service the first DC-8-50 , the four-engined jet airliner was progressively incorporated until reaching the number of 8 aircraft of the 50 series variant. Iberia was gradually incorporating jets of short and middle range, such as Sud Aviation Caravelle , and Douglas DC-9 . The Super Constellations were removed and sold in 1966 and, two years later, three DC-8-63 with more seat capacity were incorporated into

2613-664: The fleet. By 1969, the long-range fleet of Iberia was composed of 11 DC-8s. In the early 1970s the jumbo jets Boeing 747s and Douglas DC-10s came to the company during an expansion of the intercontinental routes, especially to Central America. By the middle of this decade, the airline flew to almost all Latin American capitals. With the expansion in Latin America the company had followed a policy of purchasing shares and establishing agreements with several Latin American airlines such as Compañia Dominicana de Aviación , Aérolíneas Peruanas , PLUNA and Air Panamá Internacional . At first,

2680-401: The following airlines: As of October 2024 , Iberia operates an all- Airbus fleet composed of the following aircraft: In August 2015 IAG converted eight A350-900 and three Airbus A330-200 options into firm orders for Iberia. In June 2018 the airline took the delivery of its first A350. In June 2017 Iberia ordered 17 A320neo and 3 A321neo with deliveries from 2018. The first A320neo

2747-532: The founders and other airlines' products from a single system. In the same year, Iberia planned a fleet renewal in the middle-range fleet with the McDonnell Douglas MD-87 and Airbus A320 replacing the Douglas DC-9 and Boeing 727 respectively. In June 1990, the carrier bought 16 Boeing 757s for US$ 1  billion, including spares and training; twelve more aircraft of the type were taken on option as

Old Mariscal Sucre International Airport - Misplaced Pages Continue

2814-662: The headquarters of both airlines were moved to a new office in Ciudad Lineal, Madrid, and the corporate images have been changed as part of the renewal process. In 2023, Iberia announced its return to Tokyo's Narita International Airport in October 2024 following its withdrawal in 2020 during the COVID-19 pandemic . Iberia first started flights to Tokyo in 1986, and began nonstop flying in 1992, but had previously suspended flights between 1998 and 2016. The key trends for Iberia are (as of

2881-473: The intention of this policy could be to create a strong distribution network for intercontinental routes passengers, but as the airline was controlled by the state the Franco regime used this investment policy to get support in Latin America. Iberia gave material, capital and logistical support to those flag-carrier airlines. By 1971, these investments resulted in the loss of 14 million dollars. Iberia also bought

2948-489: The jetliner and on the ground. The project, which involved private and public property expropriation, erected a horizontal berm -like platform 280 meters long and 92 meters wide that increased the runway excursion space for planes to stop in case of an aborted takeoff or a bad landing. The safety zone covered all or part of the places through which the Cubana Tu-154 had passed before stopping. Tufiño Avenue, which circles

3015-543: The merger, the company expanded its connections to Europe. It also merged with Vuelos Internos Privados , being the first Ecuadorian company of this firm, the codes shared with this airline were still preserved in Aerogal's image, but since it merged with AviancaTaca Holding , it was part of the same company. Avianca invested US$ 7.2 million to strengthen and modernize the company. Despite the purchase by Avianca, AeroGal continued using its separate identity until June 18, 2014, when

3082-409: The monopoly of national air transport to Iberia (this fact changed 6 years later when the government liberalized the national air traffic for the private airlines), This privilege helped the company to start building as an important international airline, which had not been until then. The airline was nationalised on 30 September 1944 and became part of Instituto Nacional de Industria . The policy of

3149-674: The most serious financial risks it suffers is the challenging pension schemes' combined deficit. The last actuarial valuation was £3.7 billion, a value even greater than IAG's capitalisation. In addition and according to the "Pensions Act" for the year 2004, should it be necessary, the United Kingdom's Pension Regulator could force Iberia or IAG to give additional financial support to British Airways' retirement pension schemes. In its "Annual Report and Accounts Year ended 31 December 2011" BA declared that "negative movements in pension asset values and financial returns from these assets may increase

3216-476: The number of employees by 4,500 and its fleet by five long-haul and 20 short-haul aircraft. In 2012, Iberia established another low-cost airline, Iberia Express , which operates short and medium-haul routes from its parent airline's Madrid hub, providing feeder flights onto Iberia's long-haul network. The airline began operating on 25 March 2012 and shares its head office with Iberia in Chamartín , Madrid. In 2013,

3283-717: The real value of the company. On 7 April 2010, the president of the Spanish Court of Auditors presented at the Spanish Parliament the figures of the investment in Aerolíneas Argentinas between 1990 and 2001, which was estimated at €2,100 million. The plans to make the Iberia group the dominant airline in the Latin American market also failed in Venezuela. In 1997 the board of directors of Viasa , in which Iberia

3350-513: The same as in the economy cabin but with the middle (B and E) seats blocked off. Business Class tickets also include improved ground service (priority check-in, security, boarding, baggage handling, and lounge access). Business Plus is offered on long-haul flights to the Americas and Southern Africa. Business Plus offers lie-flat seating and international business-class amenities. AeroGal Avianca Ecuador S.A. (formerly known as AeroGal )

3417-456: The second-largest airline group in Europe. Prior to merging, British Airways owned a 13.5% stake in Iberia, and thus received ownership of 55% of the combined International Airlines Group; Iberia's other shareholders received the remaining 45%. The merger has been controversial. British Airways operates two funded principal-defined benefit pension schemes in the UK. British Airways admits that one of

SECTION 50

#1732859334803

3484-405: The short-middle range trijet Boeing 727-200 in 1971, of which the company had 35 aircraft and was used until 2001 like the other short-range jet bought by the company in the late '60s, the Douglas DC-9. In 1987, Iberia, together with Lufthansa , Air France and SAS Group , founded Amadeus , an IT company (also known as a Global Distribution System ) that would enable travel agencies to sell

3551-455: The size of the pension deficit". As of December 2013 , the airline had over 18,000 employees. Due to Brexit , Iberia has been forced to prove that it is still a Spanish airline, despite being merged with British Airways . The consequence for not doing so is their potential inability to fly within the European Union . Iberia has a 9.49% stake in low-cost carrier Vueling which

3618-401: The staff after the liquidation, which had a cost of 20 million dollars. Regarding Ladeco , Iberia was a minority shareholder (35%) and did not intervene in its management. Initially, Iberia had the intention of achieving the merger of Ladeco with Lan Chile , but Chilean antitrust laws prevented it. Later, in 1995, LAN Chile made a major acquisition of Ladeco shares and acquired 57.6% of

3685-805: The start of runway 17, had a two-way tunnel built to allow vehicular traffic under the new structure. Nearby streets and other surrounding residential areas and businesses were also protected from accidents by the new construction. The safety zone was finished and inaugurated in mid-July 2000. On 10 December 2000, TAME officially opened its hub in Quito, offering an estimated 2,000 possible connections per week, including greater numbers of frequencies, schedules and destinations served. Connections between domestic and international destinations were operated directly and through code sharing agreements with airlines such as TACA Airlines and Copa Airlines . Operations out of Quito allowed travelers to connect between domestic destinations (such as Guayaquil to Galápagos ), from

3752-526: The upper level consisted of airline and airport offices. The airport had ten gates, five with Jet bridges and five with stairs . The airport had a runway safety area , built in 1999–2000 as a consequence of the crash of Cubana de Aviación Flight 389 in August 1998. The structure was erected in the immediate and adjacent areas to the start of runway 17 (end of runway 35), from where Flight 389 had strayed after its aborted take-off, which killed 81 people both in

3819-464: The war, at the end of the 1930s, the airline served the Seville – Larache – Cabo Juby – Las Palmas , Barcelona – Saragosa – Burgos – Salamanca –Seville– Tetuan and Palma –Barcelona– Vitoria runs using Junkers Ju 52 aircraft. On 1 May 1939, Iberia operated its first regular service to an international destination as an independent civil airline with a Madrid– Lisbon flight. In 1940, the government gave

3886-499: Was achieved in 1946, Iberia was the first airline to fly between Europe and South America after World War II , using a Douglas DC-4 to operate flights between Madrid and Buenos Aires . This flight was the first of an expansion of flights between Latin America and Europe through Spain carried out by the company, with destinations such as San Juan de Puerto Rico , Caracas , Ciudad de México and La Habana . The poor diplomatic relations of

3953-408: Was charged to its financial liability. This, together with the aforementioned sales, generated a big controversy, giving rise to criticism of the Argentine government for the privatization of the company. The truth is that during the period that Aerolíneas Argentinas was owned by Iberia (1990–1995), the Spanish airline allocated more than 1,200 million dollars to the Argentine flag carrier and kept

4020-517: Was confirmed that British Airways and Iberia had signed an agreement to merge, making the combined operation the third largest commercial airline in the world by revenue. Shareholders of both carriers approved the deal on 29 November 2010. The newly merged company, known as International Airlines Group (IAG), was established in January 2011, although both airlines continue to operate under their respective brands. Iberia, Compañía Aérea de Transportes,

4087-705: Was delivered in May 2018. The first A321neo was received by Iberia Express in June 2020. At the 2019 Paris Air Show , IAG agreed to purchase 14 Airbus A321XLR aircraft, 8 for delivery to Iberia and 6 to Aer Lingus , with options for a further 14 of the aircraft. Over the years, Iberia operated the following aircraft types: All aircraft in the fleet are configured in a two-class layout with Business and Economy cabins. Iberia currently markets three distinct business class variations, depending on flight length. In March 2009, Iberia announced that between 2009–2011 it would renovate its economy class on all its planes as well as design

SECTION 60

#1732859334803

4154-416: Was equipped with five swing gates capable of directing arriving passengers to either immigration or to baggage claim. In addition, there were numerous ground slots where passengers walked to the aircraft from the terminal. Mariscal Sucre Airport had 4 VIP Salons in the terminals A and B. For passengers of AeroGal , there was an exclusive salon near gate 2,"AeroGal VIP Club". Passengers of TAME had access to

4221-401: Was formed as a subsidiary of Iberia in 1988 with routes from Melilla to Málaga , Almeria , Valencia and in its last year, with Madrid. The airline was acquired by Air Nostrum in 1998 and merged into its operations, at that time the airline had a fleet of CN- 235 . Iberia was a founding partner in the computerised air ticket reservation system, Amadeus , with an 18.28% stake . Iberia

4288-444: Was inaugurated in 1960, the main terminal was designed during the government of President Velasco Ibarra . The present terminal and concourses (A, B and C) were refurbished in 2003, consisting of several taxiways, maintenance platforms, parking areas, a cellar, passenger halls, mezzanine areas and other amenities. Terminal B consisted of two floors; the lower level held the departures area with executive waiting rooms and restaurants, and

4355-423: Was incorporated on 28 June 1927 with a capital investment of 1.1 million pesetas by financier Horacio Echevarrieta and Deutsche Luft Hansa . Flight operations commenced on 14 December 1927. The Spanish government contracted the company to provide postal transport between Madrid and Barcelona. During Miguel Primo de Rivera 's dictatorship, Spanish aviation companies were amalgamated and became state-controlled as

4422-428: Was the majority, decided to suspend the flights of the company, arguing that the situation was unfeasible. Iberia announcing that the company was not going to continue providing more capital into Viasa if its local partner, the Venezuelan state-owned group FIV, was not going to do the same. By then Iberia had invested more than 250 million dollars in the Venezuelan flag carrier without having any profit. In February 1997,

4489-485: Was turned over to Iberia and fellow Oneworld alliance members. This provided much-needed expansion capabilities for Iberia. Iberia represents around 60% of the airport's traffic. In 2005, the airline and its regional branch Air Nostrum transported 21,619,041 passengers via Madrid – Barajas Airport. In November 2006, Iberia launched Clickair , a low-cost carrier subsidiary. Clickair merged with Vueling in 2009. On 12 November 2009, Iberia confirmed that it had reached

#802197