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Iberia Regional is the regional brand of Iberia and is operated by Air Nostrum. It was founded in 1994 and signed a cooperation contract with Iberia in 1997. Since then all aircrafts wear the corporate design of Iberia. Air Nostrum is a member of the Oneworld alliance. Same as Iberia. Together with bolivian airline Linea Aerea Amaszonas it founded a new company Amaszonas del Paraguay.
For current fleet details, please check: Air-Nostrum at planespotters.net