Iberia Express (IBS) — 15 Aircraft Fleet/ I2

Iberia Express is a low-cost subsidiary of Iberia, Spain's flagship carrier, founded in 2011 and headquartered in Madrid. Operating as a point-to-point low-cost airline, it focuses on short- and medium-haul flights across Europe, North Africa, and the Mediterranean region, with its main base at Adolfo Suárez Madrid-Barajas Airport. The airline offers a single economy cabin with a basic, no-frills business model typical of European low-cost carriers, allowing passengers to add ancillary services as needed. As part of the larger Iberia group (which is itself part of International Airlines Group), Iberia Express benefits from shared resources and infrastructure while maintaining its distinct budget positioning in the market. The airline carries millions of passengers annually on an extensive network of European routes, competing directly with other major low-cost carriers in the region.