Why it matters
Affects 8 airline programs (Air Canada, Air France-KLM, American Airlines...). Spans 2 hotel programs (Hilton Honors, Marriott Bonvoy). Card-issuer angle via American Express.
What happened
- **Booking Window:** Now through May 10, 2026.
- **Travel Window:** Now through September 15, 2026.
- **Eligibility:** Bookings via ib.com or Iberia Club service centre.
- **Exclusions:** Iberia Group Air Shuttle, Vueling, and LEVEL flights are not eligible. Cannot be combined with other Avios redemption offers. **Discount Tiers:**
- **30% Off:** Selected European routes including Madrid–London, Rome, Athens, Lyon, and Manchester (both cabins).
- **20% Off:** Mix of European routes and Latin American destinations such as Madrid–Lisbon, Brussels, Toronto, Miami, and Buenos Aires. Most are valid in both cabins, though some long-haul routes are restricted to one cabin.
- **10% Off:** Broad list including Madrid–Paris, Frankfurt, Mexico City, Monterrey, and New York. **Canadian Relevance:**
- **Madrid–Toronto:** This is a headline route for Canadians, coinciding with Iberia's new nonstop service launching in June. It is listed in the 20% tier for economy and 10% for business class. Example savings: ~12,800 Avios round-trip in economy (off-peak saver rates) and ~8,100 Avios saved in business class.
- Other relevant long-haul routes include Madrid–Buenos Aires, São Paulo, Rio de Janeiro, Bogotá, Lima, Santiago, Mexico City, and Monterrey
Iberia has launched a redemption sale offering up to 30% off Avios on award flights departing from Madrid. The discount applies to the Avios portion only; taxes and fees remain unchanged. **Key Details:**
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