Iberia Express carried 2.8 million passengers in the first year of operation becoming the fourth largest carrier at Madrid-Barajas airport operating a fleet of 14 Airbus A320s on a total of 24 routes (9 International & 15 domestic) with 23,000 flights with an average punctuality of 94%.
Iberia Express CEO Luis Gallego said “In an economic context as complex as 2012, and even with rising airport charges that were not included in our forecasts and have assumed an impact of € 2.5 million that we have absorbed in Iberia Express have managed to close the first year surpassing our initial objectives. Our financial results, our market position as the fourth airline in Madrid-Barajas and our punctuality rates are a clear sign that the model works and that Iberia Express is a company able to operate short and medium haul so competitive and efficient. “
It began operations on the Dublin-Madrid route, which was one of its first six international destinations, in June 2012 and in Summer 2013 it will add five extra return flights per week in July, which means that it will have a double-daily service throughout the month and for August will increase its frequency from nine flights per week to 10 flights per week.
Irish Aviation Research Institute © 27th March 2013 All Rights Reserved.
