Iberia launches ‘Flight Plan 2030’ featuring €6 billion investment strategy
On June 18, 2025, Spanish airline Iberia unveiled its new strategic plan, known as ‘Flight Plan 2030’, which outlines the carrier’s growth strategy for the coming years. The plan sets a target of achieving annual profitability of between 13.5% and 15%, which in turn will fund a total investment package of €6 billion ($6.9bn) over its duration. This will translate, among other things, into a significant fleet increase.
President and CEO of Iberia, Marco Sansavini, explained, “Thanks to Iberia’s profound transformation over the last decade and the efforts of all our people, we are now delivering results that allow us to look to the future with confidence and invest €6 billion in our Flight Plan 2030. We want to grow from the current long-haul aircraft fleet and position Madrid Barajas Airport (MAD) as a major European hub and enhance Spain’s global connectivity.”
As part of its Flight Plan 2030, Iberia aims to expand its long-haul fleet from 47 to approximately 70 aircraft. The fleet is currently made up of 14 Airbus A330-200s, eight A330-300s, 22 A350-900s, and three A321XLRs. The growth will be driven by the incorporation of more new Airbus A350s, A321XLRs, and potentially A330neos, drawn from a recently announced IAG group order, which will be allocated across its member airlines.
Lukas Wunderlich / ShutterstockIn parallel, Iberia states it will undertake a comprehensive renewal of its short- and medium-haul fleet. Nearly all older-generation aircraft will be replaced with more efficient and less polluting A320neos and A321neos, “reinforcing the airline’s commitment to achieving net-zero emissions by 2050,” said an Iberia statement.
Along with fleet development, Flight Plan 2030 will also see new routes added to the carrier’s long-haul network, while frequencies will also be increased to other existing destinations. Among the upcoming additions to its route network will be Toronto in Canada, Philadelphia (USA), and Monterrey in Mexico, which join the recently announced routes to Recife and Fortaleza (Brazil), as well as to Orlando in the USA. Iberia states it will “also continue exploring new opportunities, particularly across the Atlantic.”
Bradley Caslin / ShutterstockImproved Customer Experience
Elsewhere in the plan, Iberia plans to upgrade its overall customer service and experience under Flight Plan 2030. Iberia will work to improve the entire experience, with significant investments planned in the areas of Artificial Intelligence, digitalisation, and personalisation.
All long-haul cabins will also be renovated to make them more comfortable, more attractive, and offer improved connectivity. On narrow-body aircraft, carry-on baggage capacity will also be increased thanks to the addition of XL luggage compartments.
On the ground, Iberia is also upgrading its premium services. A new Premium Lounge is already in development at Terminal 4 of Madrid-Barajas Airport, offering customers more space and elevated comfort for its premium travellers.
Lukas Wunderlich / ShutterstockOther projects under Flight Plan 2030
Away from flight operations and customer experience, Flight Plan 2030 calls for the development of ‘Ciudad Iberia’ in La Muñoza, S[Spain. The new facility, which will entail an expansion of the current infrastructure at the site, will see the transfer of Iberia’s corporate headquarters to the new site.
“Ciudad Iberia will be defined by its strong focus on technology and innovation,” stated the airline. “The goal is to transform this large complex, located next to Madrid-Barajas Airport, into a cutting-edge aeronautical hub—one of the most advanced and important in Europe. “
The expansion of Iberia’s operations and the development of Ciudad Iberia will require a significant increase in staffing, said the carrier. “We expect to hire an average of 1,000 new employees per year throughout the duration of the Flight Plan 2030 strategy,” added Sansavini. “This will multiply the opportunities for professional improvement and development for everyone in the airline.”
According to calculations by international consulting firm PwC, by 2033, Iberia will contribute €19 billion annually to Spain’s GDP and support 250,000 direct, indirect, and induced jobs, representing a 42% increase in economic and employment impact compared to current levels. In 2024, Iberia’s contribution was estimated at €13.86 billion and 160,271 jobs.
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Iberia launches ‘Flight Plan 2030’ featuring €6 billion investment strategy
The post Iberia launches ‘Flight Plan 2030’ featuring €6 billion investment strategy appeared first on AeroTime.
On June 18, 2025, Spanish airline Iberia unveiled its new strategic plan, known as ‘Flight Plan 2030’, which…
The post Iberia launches ‘Flight Plan 2030’ featuring €6 billion investment strategy appeared first on AeroTime.
