Iberia has launched its new low-cost carrier Iberia Express. The airline began flying yesterday with prices starting at €25 for a one-way ticket. Iberia Express will cover Spanish cities including Madrid and the islands such as Ibiza, Fuerteventura and Lanzarote.
Iberia Express has 500 staff and has a fleet of four A320s. The airline will initially fly to the cities of Vigo, Santiago and Granada, as well as Menorca, Ibiza, Fuerteventura, Lanzarote and La Palma. Later, it will expand to the Republic of Ireland, Italy, Greece, Latvia and the Netherlands, CEO Mr Gallego said. It remains to be seen if the door has been shut on Ryanair and its Spanish dreams.