Iberia has unveiled its new strategic plan, Flight Plan 2030which lays the foundations for the company's future growth. The plan targets annual profitability of between 13.5 % and 15 %This will enable us to invest 6 billion euros over the period as a whole.
For the company's CEO, Marco Sansavini, " Thanks to the profound transformation of Iberia over the last decade, we are now achieving results that allow us to look to the future with confidence and to invest 6 billion euros. We want to go from 45 long-haul aircraft currently at 70to position Madrid-Barajas as a major European hub and strengthen Spain's international connectivity. "
Fleet growth
The "Flight Plan 2030" will give Iberia a fleet of 70 aircraft, mainly with the integration ofThe new generation of Airbus A350, A321XLR and potentiallyA330neofrom the order recently announced by the IAG Group.
At the same time, Iberia will be launching the complete renewal of its short- and medium-haul fleet. Virtually all previous generation aircraft will be replaced by A320 and A321neomore efficient and less polluting, confirming the company's commitment to achieving zero net emissions by 2050.
New destinations: Toronto, Philadelphia and Monterrey
Fleet expansion under Flight Plan 2030 will enable Spanish carrier to expand its network. The company aims to increase the density its long-haul routes. It has announced the forthcoming launch of flights to Toronto (Canada), Philadelphia (United States) and Monterrey (Mexico). These routes will follow the recent opening of flights to Recife and Fortaleza (Brazil) andOrlando (United States).
Enhanced customer experience and new Premium lounge in Terminal 4
Improving the customer experience is also one of the priorities of the Flight Plan 2030. Iberia plans to major investments in artificial intelligence, digitalisation and personalisation services.
All long-haul cabins will be renovated to offer greater comfort, connectivity and improved design. On single-aisle aircraft, the capacity of cabin baggage compartments will be increased.
On the ground, the airline will be strengthening its top-of-the-range services, in particular with the opening of a new Premium lounge in Terminal 4 at Madrid-Barajas airportoffering more space and greater comfort for premium passengers.
