In October, Iberia disclosed plans to create a new short- and medium-haul carrier feeding its growing long-haul network of mainly Latin American services through its Madrid hub. The announcement was unexpected given that IB has a solid short/medium-haul network into MAD spanning all 38 domestic airports, 47 destinations in Europe and eight in North Africa that it serves with a fleet of 81 Airbus family aircraft. Equally surprising was the announcement itself. It lacked the spin and fluff ...

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