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16.11.2009
25.09.2009
24.06.2009
18.06.2009
  • IBERIA AND ST AEROSPACE COMMEMORATE OFFICIAL OPENING OF MAeS  
    · Delivered 10 landing gears to date, and received a set of landing gears from its first external airline customer, SriLankan Airlines · ST Aerospace provides extensive experience in the overhaul and repair of landing gear on commercial and military aircraft as well as its reach to a broad customer base, while Iberia’s expertise will be used to assist in the training of local technicians to perform the maintenance on aircraft components. Besides, Iberia will provide technical support · Madrid Aerospace Services (MAeS) is located at Torrejón de Ardoz, near the airport of Barajas and the hangars and workshops of Iberia in La Muñoza
27.02.2009
  • Thirteenth Consecutive Profitable Year  
    IBERIA EARNED 2008 PROFIT OF 32 MILLION EUROS § Measures included in multi-year strategic plan achieved a 5.1% reduction in unit operating costs, excluding fuel § Fuel prices soared, swelling expenditures by 521 million euros, but other operating costs declined by 241 million euros § Operating revenues slipped by 1.3%, partly because of the depreciation of the U.S. dollar. At constant exchange rates, there would have been a small increase § The maintenance unit achieved an 8.7% rise in revenues from outside clients, with new clients and new services § The end-year balance sheet showed that Iberia’s financial position remained very sound, with a net worth of 1,564 million euros and current assets of 2,350 million § Productivity, measured as available seat kilometres (ASKs) per employee, rose by 3.9% in the year, and the fleet utilisation rose by 4.3% to an average of 10 hours per aircraft/day
 

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