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Iberia Launches Strategic Plan Targeting $1.6B Profit

Iberia, the flag carrier of Spain, has announced an ambitious strategic plan aimed at increasing its operating profit to US$1.6 billion over the coming years. This represents a 40% improvement compared to its 2023 financial performance. The initiative is supported by a planned US$7 billion investment, which will be deployed across fleet, infrastructure, technology, and customer experience enhancements.

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