The launch of the airline was announced by IAG on 6 October 2011, designed to operate short- and medium-haul routes from Iberia's Madrid hub and provide transfer feed onto Iberia's long-haul network.
Iberia was beset by strike action in late December 2011 by pilots concerned over a potential loss of jobs caused by the new airline. Aircraft from other Iberia routes are due to be switched to the new Iberia Express operations, operated by newly employed pilots and cabin crew. Iberia intend for the new airline to have a fleet of 40 aircraft in use by 2015. Iberia intend for the airline to cover routes operated at a loss by the main airline, running with lower operating costs.
An Iberia Express Airbus A320 at Madrid-Barajas Airport
The airline is due to begin operations with 4 Airbus A320, using a two class Business and Economy configuration. Today the airline operates an all Airbus A320-fleet with 16 frames in use as of November 2013.
^"Información Legal y Protección de Datos." Iberia Express. Retrieved on 15 March 2012. "Compañía Operadora de Corto y Medio Radio Iberia Express, S.A. con domicilio social en la calle Velázquez nº 130, 28006 Madrid"