Will Iberia and the IAG move ahead with a new European LCC?

Iberia Airbus A320-211 EC-FDB (msn 173) (member of Oneworld) MAD (Ariel Shocron), originally uploaded by Airliners Gallery.

Iberia (Madrid) is planning to create a new low-cost carrier (LCC) subsidiary. The company is planning to assign 38 Airbus A320s to the new operation if approved by the IAG board.

Iberia’s board met yesterday to consider this option for its European short and medium-haul flights, according to El Pais and this WSJ report.

The board of International Consolidated Airlines Group (IAG) will make the final decision.

Read the full report: CLICK HERE

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This entry was posted in IAG, Iberia and tagged IAG, Iberia on October 5, 2011 by Bruce Drum.

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