Iberia unveils $7B expansion plan, long-haul fleet to grow to 70 by 2030

Iberia announced a ~$7B investment plan through 2030, expanding its long-haul fleet from 51 to 70 aircraft, with 59 already confirmed. The plan signals a major capacity build-up in transatlantic routes, likely reflecting strong demand and competitive positioning. Uncertainty remains on financing details and route allocation.