Air Nostrum
A Spanish regional airline based in Valencia that operates its own and Iberia-branded regional services across Spain and selected European markets.
Last updated October 17, 2026
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Overview
Air Nostrum is a Spanish regional airline headquartered in Valencia. Established on 23 May 1994 and commencing operations later that year, it developed around the regional aviation needs of Spain, linking smaller and medium-sized cities with larger airports and airline hubs. Its main base is Valencia Airport, while Barcelona–El Prat, Madrid–Barajas and Palma de Mallorca have served as important operating hubs. The airline is best known commercially through its long-running relationship with Iberia. It operates many services under the Iberia Regional name within Iberia’s franchise and distribution structure, allowing passengers to encounter Air Nostrum flights through Iberia’s schedules, booking channels and connecting network. This relationship does not make Air Nostrum a division of Iberia: Air Nostrum remains a separate regional carrier with its own operating organization and fleet. It has also performed limited wet-lease operations for other airlines, including Brussels Airlines, and has operated charter services. Air Nostrum’s business is concentrated on short- and medium-haul passenger transportation using regional aircraft. The model depends on connecting regional communities with major hubs, feeding larger airline networks and adjusting capacity to seasonal and economic demand. Like other European regional airlines, it has faced pressure from fuel prices, weaker yields, changing route economics and the cost of maintaining a specialized regional fleet. In 2012, the company announced a workforce-reduction process and planned aircraft groundings in response to higher fuel costs and declining revenue. The company has also pursued interests beyond conventional airline operations. Air Nostrum became a part-owner of Iryo, a Spanish high-speed rail operator that began service in November 2022. Earlier, it sought authorization to operate high-speed rail services between Madrid and southern France, although that plan did not proceed after the intended train lease was blocked. Air Nostrum and Ireland’s CityJet announced a proposed combination in 2018, retaining separate airline brands while seeking the advantages of a larger regional aviation platform. The merger was completed in October 2023. Air Nostrum shareholders obtained a controlling 80 percent interest in the resulting Strategic Alliance of Regional Airlines, or SARA, described as a major European regional aviation holding company. Air Nostrum continues to operate as an active airline brand within that broader structure. The brand therefore occupies a specialized position: it is a Spanish regional carrier with an established Iberia association, a network-oriented operating model and additional exposure to wet-lease, charter and multimodal transport ventures. Its public identity is often more visible through Iberia Regional than through standalone consumer marketing. The brand therefore occupies a distinctive position: a Spanish regional airline with a long Iberia relationship, a network-oriented operating model, and interests in wet-lease, charter and multimodal transport. Its public profile is often more prominent through the Iberia Regional brand than through independent consumer marketing.
History
Air Nostrum was established in Spain on 23 May 1994 and began flying on 15 December of the same year. From its earliest period, the company was structured as a regional carrier, using aircraft suited to shorter sectors and serving markets that required links to larger Spanish airports. Its operating base in Valencia became the center of its network, with Barcelona, Madrid and Palma de Mallorca also serving important roles. The airline's development became closely connected to Iberia. Under a franchise arrangement, Air Nostrum operated many flights using the Iberia Regional identity. The arrangement gave the regional airline access to Iberia's commercial platform and made its flights part of a broader connecting network, while Air Nostrum continued to exist as a separate carrier. This operating model became the defining feature of the brand and remains central to how many passengers encounter the airline. During the 2000s, Air Nostrum modified its onboard product. In early 2008, it discontinued its dedicated regional business-class cabin and reorganized the cabin into business and economy sections more closely resembling the structure used by larger airlines. Economy passengers could purchase drinks and snacks from an onboard menu, replacing the earlier comprehensive meal-service model on scheduled flights. The airline experienced financial and operational pressure during the early 2010s. On 7 February 2012, it presented an ERE workforce-reduction plan covering an anticipated two-year period. The measures were linked to increased fuel costs and reduced income. The plan was expected to affect around 1,800 workers, ground 15 Bombardier CRJ200 aircraft and remove many routes considered uneconomic. On 31 March 2014, Air Nostrum announced that a group of Valencian businessmen had entered its capital. The group included chief executive Carlos Bertomeu and Antonio Pellicer and José Remohí, associated with the IVI medical group. The reported investment was estimated at €25 million, divided between capital and debt. The transaction represented a change in the company's shareholder structure during a period when regional airlines were seeking financial and operational flexibility. Air Nostrum later explored transport opportunities beyond scheduled regional aviation. In 2017, it applied to operate a high-speed rail service between Madrid Atocha and Montpellier in southern France, using Class 100 trains leased from Renfe. Regulatory approval was granted in September 2018, but the proposed service did not begin because the intended train lease was blocked. The company's broader regional-aviation strategy also led to a proposed combination with CityJet. The two companies announced the plan in July 2018, intending to create a larger European regional aviation platform while preserving the individual airline brands. Air Nostrum also conducted limited operations for Brussels Airlines, including wet-lease flying that began in late 2018. In 2022, Air Nostrum announced a reservation for ten Airlander 10 hybrid airships from Hybrid Air Vehicles, with a proposed service introduction in 2026. In August 2023, it doubled the reservation to twenty aircraft. The project reflected interest in lower-emission or alternative regional transport concepts, although the available reference material does not establish that commercial Airlander operations have begun. Air Nostrum became a part-owner of Iryo, a Spanish high-speed rail operator that started service in November 2022. This investment extended the company's transport interests into rail and positioned it within a wider mobility market rather than limiting it exclusively to airline operations. The merger with CityJet was completed in October 2023. The resulting holding company was named Strategic Alliance of Regional Airlines, or SARA. Air Nostrum shareholders acquired a controlling 80 percent interest in the merged entity. Air Nostrum and CityJet continued as distinct operating brands, while SARA provided a larger corporate structure for regional airline activities. Air Nostrum remains an active Spanish regional carrier, operating scheduled routes, charter flights and selected contract services, with its consumer-facing presence still strongly associated with Iberia Regional.
- 2023
Merger with CityJet is completed
[1]The merger created Strategic Alliance of Regional Airlines, with Air Nostrum shareholders holding a controlling 80 percent interest.
- 2022
Airlander 10 reservation is announced
[1]Air Nostrum reserved ten Hybrid Air Vehicles Airlander 10 aircraft for a proposed future regional transport operation.
- 2022
Iryo begins Spanish high-speed rail operations
[1]Iryo, in which Air Nostrum is a part-owner, began operating high-speed rail services in Spain.
- 2018
Air Nostrum and CityJet announce a merger plan
[1]The two regional aviation companies announced a combination intended to create a larger European platform while maintaining separate airline brands.
- 2014
New Valencian investors enter the capital
[1]A group of Valencian businessmen, including Carlos Bertomeu, Antonio Pellicer and José Remohí, joined the company's capital structure.
- 2012
Workforce-reduction plan is presented
[1]The airline announced an ERE process connected to fuel-price increases, lower revenue, planned CRJ200 groundings and route reductions.
- 2008
Regional business-class format is discontinued
[1]Air Nostrum replaced its dedicated regional business-class cabin with separate business and economy sections aligned more closely with major-airline cabin practices.
- 1994
Air Nostrum is established and begins operations
[1]The airline was founded in Spain on 23 May and commenced flight operations on 15 December.
Products and positioning
A Spanish regional aviation specialist focused on connecting smaller cities with major hubs, operating extensively within the Iberia Regional franchise system while also providing contract, wet-lease and charter services.
Passenger air transport · 1994
Scheduled regional passenger flights
Air Nostrum's principal offering is scheduled short- and medium-haul passenger service using regional aircraft. These flights connect smaller and medium-sized Spanish cities with major airports and hubs, and also serve selected European destinations. The network is designed around regional connectivity and onward connections rather than long-haul flying.
Airline franchise services
Iberia Regional operations
Air Nostrum operates a substantial portion of its scheduled regional activity under the Iberia Regional brand. Flights are presented through Iberia's commercial and network ecosystem, enabling connections with Iberia services while Air Nostrum remains the operating regional carrier. This franchise relationship is the most recognizable customer-facing expression of the Air Nostrum business.
Aviation outsourcing · 2018
Wet-lease and contract flying
The airline undertakes limited operations on behalf of other carriers through contract and wet-lease arrangements. Reference material identifies services for Brussels Airlines beginning in late 2018, following the replacement of related CityJet wet-lease activity. Such flying allows Air Nostrum to deploy regional capacity under another airline's commercial operation.
Charter air transport
Charter flights
In addition to scheduled services, Air Nostrum operates charter flights. Charter activity gives the airline a flexible outlet for its regional fleet and crew outside the fixed timetable of its scheduled network, although the available reference material does not specify individual charter programs or customers.
Alternative regional transport · 2026
Airlander 10 proposed operations
Air Nostrum reserved Hybrid Air Vehicles Airlander 10 hybrid airships, initially for ten aircraft and later for twenty. The proposal was associated with a planned introduction around 2026 and represented an exploration of alternative regional transport technology. The available material does not confirm that the service or aircraft have entered commercial operation.
Brand decisions
2023
Complete the CityJet mergerM&ABackground
The transaction followed the 2018 announcement of a combination between the two regional aviation businesses.
Action taken
Air Nostrum and CityJet completed their merger and formed Strategic Alliance of Regional Airlines. Air Nostrum shareholders acquired a controlling 80 percent interest in the new entity.
Aftermath
The two airlines continued as separate brands within a larger regional aviation holding structure.
2022
Reserve Airlander 10 hybrid airshipsProduct launchBackground
Air Nostrum explored alternative aircraft concepts for future regional transport.
Action taken
The airline placed a reservation for ten Hybrid Air Vehicles Airlander 10 aircraft, with proposed entry into service in 2026.
Aftermath
The reservation was doubled to twenty aircraft in August 2023. Commercial operation has not been established in the available reference material.
2018
Agree a combination with CityJetM&ABackground
Both companies operated in the European regional-airline sector and sought greater scale while maintaining their established operating identities.
Action taken
Air Nostrum and CityJet announced a merger plan under which the airline brands would remain separate.
Aftermath
The announced combination ultimately led to the creation of Strategic Alliance of Regional Airlines in 2023.
2017
Pursue a Madrid–Montpellier high-speed rail serviceStrategyBackground
Air Nostrum sought to expand beyond aviation by applying to operate a cross-border high-speed rail service between Madrid Atocha and Montpellier in southern France.
Action taken
The company planned to use Class 100 trains leased from Renfe. Regulatory approval was granted in September 2018, but the intended service did not commence because the train lease was blocked.
Aftermath
The proposed rail service was abandoned before launch, although Air Nostrum later became involved in Spanish high-speed rail through its part-ownership of Iryo.
2014
Admit new Valencian capital investorsOtherBackground
Air Nostrum announced a change in its shareholder structure during a period of financial and competitive pressure in regional aviation.
Action taken
A group of Valencian businessmen, including chief executive Carlos Bertomeu and IVI owners Antonio Pellicer and José Remohí, entered the company’s capital through a combination of capital and debt.
Aftermath
The transaction broadened the company’s private investor base. The reported estimated amount was €25 million.
Estimated capital and debt participation. €25 million (Announced 31 March 2014)
2012
Implement workforce and network reductionsStrategyBackground
Higher fuel prices and declining income placed pressure on the economics of regional routes.
Action taken
Air Nostrum presented an ERE workforce-reduction process expected to affect approximately 1,800 employees over two years. It also planned to ground 15 Bombardier CRJ200 aircraft and abandon many loss-making routes.
Aftermath
The measures reflected a contraction of capacity and staffing in response to deteriorating regional-airline economics.
2008
Reconfigure the regional cabin productStrategyBackground
Air Nostrum had previously offered a distinct regional business-class product and comprehensive meal service on scheduled flights.
Action taken
The airline removed the separate regional business-class cabin and divided the aircraft into business and economy sections modeled more closely on larger airlines. Economy passengers could buy drinks and snacks from an onboard menu.
Aftermath
The change simplified the cabin structure and aligned the onboard product with broader airline conventions.
Sources2 sources
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