Iberia
Express celebrates its first year of activity by establishing itself
as one of the most punctual airlines in Europe: since March 2012 it
has operated 23,000 flights with an average punctuality level of 94%.
The company, which has transported 2.8 million passengers in its first year of operation, has managed to place itself as the fourth airline at the airport of Madrid-Barajas in these first 12 months.
The CEO expressed his satisfaction with the results achieved by the company in its first year of activity: “in an economic context as complex as 2012, and even with the increase in airport taxes that were not included in our forecasts and whichresulted in an impact of €2.5 million that we absorbed, in Iberia Express we have managed to close the first fiscal year surpassing our initial objectives".
"Our financial results, our market position as the fourth airline at Madrid-Barajas and our punctuality rates, are a clear sign that the model works and that Iberia Express is a company capable of operating short and medium-haul flights in a competitive and efficient manner."
In its first year of operation, the airline has operated more than 23,000 flights on a total of 24 routes, including nine internationalroutes (Amsterdam, Copenhagen, Dublin, Dusseldorf, Edinburgh, Stockholm, Mykonos, Naples and Riga) and 15 domestic routes (Lanzarote, Malaga, Alicante, Fuerteventura, Granada, Ibiza, GranCanaria, Menorca, Palma de Majorca, Santiago de Compostela, La Palma, Seville, Tenerife, Vigo and Jerez), with origin or destination in Madrid, its base of operations. The company's average fleet was 10.4 Airbus A320, going from 4 aircraft at the start of operations to the current 14.
