Subsidiaries and Alliances
Iberia has a 45.85% stake in low-cost carrier Vueling, which is based near Barcelona and a 0.95% share in Royal Air Maroc.
Iberia is allied with American Airlines, Qantas, Avianca, British Airways, PLUNA of Uruguay and Grupo TACA, and on 1 September 1999, the company joined the Oneworld alliance. British Airways owns 55% of its share capital.
Iberia has a codeshare agreement with several Oneworld members: Cathay Pacific on flights from Amsterdam and London Heathrow to Hong Kong, Japan Airlines on flights from Amsterdam to Tokyo Narita and Royal Jordanian from Madrid to Amman, and with LAN Airlines for flights connecting Latin America and most of Europe.
Vueling and Clickair, merged in 2009.
Read more about this topic: Iberia (airline)
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“Peace, commerce and honest friendship with all nations; entangling alliances with none.”
—Thomas Jefferson (1743–1826)