IATA Code: IB ICAO Code: IBE Known As: Iberia Full Name: Iberia Líneas Aéreas de España SA Country: Spain Hubs: Madrid Callsign: Iberia Web Site: www.iberia.com History: Iberia is the national airline of Spain and based in Madrid. Founded on December 14, 1927, Iberia was a purely domestic airline until 1939, when it started international service.