Latest news with #MarcoSansavini
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Travel + Leisure
21-06-2025
- Business
- Travel + Leisure
This Airline Is Making It Easier to Fly to Spain From North America—What to Know
Tourism in Spain may soar to new heights by 2030. Madrid-based Iberia Airlines recently announced it will be investing more than 6 billion euros (or $6.9 billion) in its route network and operations. With the new investment, the airline will increase its flight loads from Philadelphia to Europe, which will complement its recent addition of a route from Orlando, Florida, to Madrid. The airline is slated to completely overhaul and update its economy and business seats, as well as the in flight experience. The airline operates its flights from Madrid's Adolfo Suárez Madrid–Barajas Airport (MAD). The airport is also known by its name of "Barajas" and has been growing in popularity as more travelers visit Spain. With the new investment, the airport's traffic will likely increase. 'We want to grow from the current 45 long-haul aircraft to 70 to position Barajas as a major European hub and enhance Spain's global connectivity," Iberia's president and CEO Marco Sansavini said in a news release. The news release also noted: "Iberia will strengthen its frequencies and expand its destinations by flying to Toronto, Philadelphia, and Monterrey, as well as the newly announced destinations: Recife, Fortaleza, and Orlando." The expanded flight operations come as the airline has delivered industry-leading on-time departures and arrivals for its schedule. 'In February, Iberia was ranked as the most punctual airline in Europe and the second most punctual airline in the world, according to the ranking prepared by the international consultancy Cirium,' the airline shared in a March 2025 press release. Iberia currently operates flights throughout the United States including Boston, Dallas, New York, and Washington Dulles. The airline is also a member of the Oneworld alliance, which includes Alaska Airlines, American Airlines, British Airways, Cathay Pacific, Fiji Airways, Finnair, Qantas, Qatar, and Royal Jordanian. Spain has already seen a major surge in tourism, with more than 94 million tourists in 2024 according to Spain's Tourism Minister Jordi Hereu, as reported by Reuters. The popularity is causing tension with citizens, who have campaigned against overtourism.
Local Spain
19-06-2025
- Business
- Local Spain
Spain's Iberia set to launch new flight routes to US and Canada
The new planes will help turn Madrid's Barajas airport "into a major European hub and enhance Spain's global connectivity", Iberia CEO Marco Sansavini said in a statement. Iberia plans to grow its network with new routes from Madrid to Toronto, Canada's largest city, as well as to Philadelphia and Orlando in the United States, Monterrey in northern Mexico and Recife and Fortaleza in Brazil. Iberia is also analysing other locations in the Americas "with potential to increase frequencies," including San Juan (Puerto Rico), San Francisco (USA), Santo Domingo, Caracas, Guayaquil, Lima, Santiago de Chile, Rio de Janeiro, and Sao Paulo. It also intends to renew its short- and medium-haul fleet, replacing nearly all older-generation aircraft with more efficient and less polluting Airbus A320 and A321neo models. The plane purchases are part of Iberia's new strategic plan for the coming years, which also includes building a new premium lounge at Madrid airport and increased use of AI to improve customer service. Iberia plans to invest €6 billion ($6.9 billion) as part of the plan. IAG, owner of Iberia and British Airways, announced in May a multi-billion-dollar order for Boeing and Airbus planes for delivery from 2028 to 2033. In 2024, the company's full-year net profit hit €2.7 billion, an increase of three percent compared with a year earlier.
Reuters
18-06-2025
- Business
- Reuters
Spain's Iberia plans to increase long-haul fleet to 70 aircraft
MADRID, June 18 (Reuters) - Iberia expects to increase its fleet of long-haul aircraft to 70 planes from 45 by the middle of the next decade, the Spanish airline said in a strategic plan released on Wednesday. Owned by International Consolidated Airlines (ICAG.L), opens new tab, Iberia plans to invest 6 billion euros ($6.90 billion) as part of the plan. Iberia CEO Marco Sansavini told reporters that 70% of the investment needed for the fleet expansion will come mainly from its own cash flow. The company will also add four short-haul jets in 2026 and 2027, he said. "All our fleet will comprise Airbus ( opens new tab airplanes, which allows us to be efficient," Sansavini said. The airline, part of a group that includes British Airways, Aer Lingus and Vueling, will continue to lead on routes between Europe and Latin America from its Madrid hub. It also plans to add direct flights to Toronto, Philadelphia and Monterrey in Mexico in response to strong sales performance in North America, Sansavini said. ($1 = 0.8694 euros)
Zawya
18-06-2025
- Business
- Zawya
IAG's Iberia plans to increase long-haul fleet to 70 aircraft
International Consolidated Arlines' Spanish airline Iberia plans to increase its fleet of long-haul aircrafts to 70 from 45 now, it said in its new 2030 strategic plan, released on Wednesday. The airline plans to invest 6 billion euros ($6.90 billion) as part of the plan and 70% of the amount will go to paying for the fleet expansion, Iberia's Chief Executive Marco Sansavini told reporters. ($1 = 0.8694 euros) (Reporting by Corina Pons and Inti Landauro)
