Spanish low-cost airline launched

Category: Ibiza Spain

25 March 2012 Last updated at 04:09 ET

Spain's Iberia has launched a new entry in Europe's competitive market for low-cost airlines.

The new airline, Iberia Express, begins on Sunday with prices starting at 25 euros (21) for a one-way ticket.

Iberia Express will cover Spanish cities including Madrid and the islands such as Ibiza, Fuerteventura and Lanzarote.

The launch comes after Spain's fourth-largest airline Spanair collapsed in January, stranding 20,000 passengers.

Iberia is owned by the same parent company as British Airways.

The low-cost Iberia Express has 500 staff and has a fleet of four Airbus A320 aircraft, according to Iberia chief executive Luis Gallego.

"The containment of costs will allow Iberia Express to grow and compete with the low-cost operators," he said.

The new airline's website is advertising for pilots and cabin crew.

The airline will initially fly to the cities of Vigo, Santiago and Granada, as well as Menorca, Ibiza, Fuerteventura, Lanzarote and La Palma.

Continued here:
Spanish low-cost airline launched

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