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Iberia Líneas Aéreas de España, S.A. is the flag carrier airline of Spain. Based in Chamartín, Madrid, it operates an international network of services from its main bases of Madrid-Barajas Airport and Barcelona El Prat Airport. Iberia, 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 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. On 8 April 2010, it was confirmed that British Airways and Iberia had signed an agreement to merge, making the combined operation the third largest commercial airline in the world by revenue. The newly merged company will be known as International Airlines Group, although both airlines will continue to operate under their current brands. Both airlines are expected to complete their merger in January 2011. On November 29, 2010, shareholders from both carriers approved the merger.
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