Iberia Líneas Aéreas de España, S.A., commonly known as Iberia, is the flag carrier

Flag carrier

A flag carrier is a transportation company, such as an airline or shipping company, that, being locally registered in a given country, enjoys preferential rights or privileges, accorded by the government, for international operations. It may be a state-run, state-owned or private but...

 airline

Airline

An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...

 of Spain

Spain

Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

. Based in Madrid

Madrid

Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...

, it operates an international network of services from its main bases of Madrid-Barajas Airport and Barcelona El Prat Airport.

Iberia, with Iberia Regional

Air Nostrum

Air Nostrum, Líneas Aéreas del Mediterráneo, S.A., also known as Iberia Regional, is a regional airline based in Valencia, Spain. Air Nostrum is an independent carrier which operates as a franchisee of Iberia Airlines. Iberia Regional franchise is a regional partner of Iberia and an affiliate...

 (operated by an independent carrier Air Nostrum

Air Nostrum

Air Nostrum, Líneas Aéreas del Mediterráneo, S.A., also known as Iberia Regional, is a regional airline based in Valencia, Spain. Air Nostrum is an independent carrier which operates as a franchisee of Iberia Airlines. Iberia Regional franchise is a regional partner of Iberia and an affiliate...

), is a part of Iberia Group. In addition to transporting passengers and freight, Iberia Group carries out related activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering.