Iberia Lineas Aereas de Espana
. The national airline of Spain
, founded in 1927 with a single Rochrback Rolland
aircraft flying between Madrid
. It was the first airline in Europe
to fly to South America
(1946), offer shuttle
service (1974), and offer frequent flyer miles
The airline was privatized in 2001 and is now a member of oneworld, along with its regional subsidiary Air Nostrum. Caja Madrid owns 10 percent of Iberia; oneworld airline British Airways, 9 percent; oneworld airline American Airlines, 1 percent.
Iberia operates a fleet of 187 aircraft, which include 55 Airbus A320s, 37 McDonnell Douglas MD-80s, 18 Boeing 757s, 17 Airbus A340s, and 8 Boeing 747s.
IB's international gateways are Madrid and Barcelona. In North America, they serve New York, Miami, Dallas, and Chicago. In Britain, they serve London and Manchester.