Iberia to expand fleet and routes as part of new strategic plan
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Background ✨
Iberia has recently reported strong financial growth, with revenue for the 12 months ended 31-Dec-2024 up 10.2% year-on-year to EUR7091 million and an operating profit of EUR867 million, despite a slight decline in operating profit compared to the previous year. The airline continued expanding its long haul market share, particularly into Latin America and North America, and further developed its A321XLR operations to North America in 20251 2.