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In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply. Fare classes are complicated and vary from ...
In 2012, Iberia established another low-cost airline, Iberia Express, which operates short and medium-haul routes from its parent airline's Madrid hub, providing feeder flights onto Iberia's long-haul network. The airline began operating on 25 March 2012 and shares its head office with Iberia in Chamartín, Madrid. [61]
Sabre Global Distribution System, owned by Sabre Corporation, [1] is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators.
As of May 2021, Iberia flies to 26 domestic and 64 international destinations across Africa, the Americas, Asia and Europe. [1] This list does not include irregular charters and destinations served by Air Nostrum operating as Iberia Regional or Iberia Express .
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IAG announced the launch of Iberia Express on 6 October 2011, leading to strike action by pilots in late December 2011 due to concerns over potential job losses caused by the new airline. [5] Aircraft from other Iberia routes would be switched to the new subsidiary, and new pilots and cabin crew hired to operate the flights.
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