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Iberia Airlines or Iberia, full name Iberia Airlines of Spain is the largest airline of Spain, based in Madrid and is the Spanish flag carrier. It operates an extensive international network of services. Its main bases are Madrid Barajas International Airport and Barcelona International Airport. In 2006 the airline reported a net profit of €56.7 million (€395 million in 2005) — its 11th consecutive year of profits. Iberia transported 27,799,000 passengers in 2006 (27,675,000 in 2005). Iberia Airlines, along with Iberia Regional (operated by an independent carrier Air Nostrum), is a part of Iberia Group. In addition to transporting passengers and freight, Iberia Group carries out many other related activities, such as aircraft maintenance, handling in airports, IT systems, and in-flight catering. Iberia Group airlines fly to over 102 destinations in 39 countries. Via code-sharing arrangements with other companies, it offers flights to another 90 destinations. With a fleet of over 200 aircraft, it makes about 1,000 flights each day.
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