What Iberojet PT does

Iberojet is a leisure airline brand operated by Evelop Airlines S.L. (Spain, CIF B57797755, headquartered in Palma de Mallorca) and ORBEST, S.A. (Portugal, NIF 507911202, headquartered in Lisbon), both subsidiaries of the Ávoris Group. The company operates long-haul scheduled passenger flights from Madrid-Barajas to leisure destinations including Mexico (Cancún, Querétaro), the Caribbean (Punta Cana, La Romana), Central America (Costa Rica, El Salvador, Honduras), Thailand (Bangkok), and Mauritius, with average stage lengths of 9,000-11,000 km and 11-12 hour flight times.

The product and technology stack centers on an online booking platform at iberojet.com with a Manage My Booking portal, online check-in, dedicated iOS and Android mobile applications, a separate vacation package storefront at paquetes.iberojet.com, and a B2B travel agency portal. Core products include scheduled flights, Flight + Hotel bundles, Turista+ premium economy class, and ancillary services (seat selection, extra luggage, travel insurance, priority services, themed menus, in-flight entertainment via a third-party platform). Onboard retail covers duty-free sales and premium dining. The company holds IOSA, ISO 9001:2015, and ISO 14001:2015 certifications and received EU ETS co-financing in 2024 for sustainable aviation fuel usage.

Iberojet's revenue model combines base ticket sales, ancillary fees, onboard commerce, package revenue, and installment payment financing facilitated by partners SeQura, FLOA, Wizink Bank, and Pepper. Go-to-market is primarily direct-to-consumer via web and app, supplemented by travel agency distribution. Fares are structured in Basic, Economic, and Flex tiers with dynamic pricing by route, season, and demand. The customer base consists of European leisure travelers seeking affordable long-haul vacations, with secondary traffic between Mexico/Canada and Spain.

Name

Iberojet PT

Legal name

Evelop Airlines S.L.

Website

https://iberojet.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Iberojet is a Spanish long-haul leisure airline operated by Evelop Airlines and ORBEST within the Ávoris Group, flying from Madrid to Mexico, the Caribbean, Thailand, and Mauritius. It sells flights, Flight + Hotel packages, and ancillary services directly via website, mobile app, and travel agency partners.

Ownership category

akta.pro rank

Product category

Leisure Airline / Passenger Air Transportation

NAICS

Air Transportation (481), Tour Operators (561520)

SIC

Air Transportation, Scheduled (4512)

akta.pro primary industry

Global Network (Intercontinental) Full-Service Airlines (THABAAAA)

Keywords

• Leisure airline services
• Long-haul flights
• Vacation packages
• Flight bookings
• Passenger air transport

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Airline Ticket Sales: Core revenue from selling airline tickets for scheduled passenger flights on routes between Spain (Madrid) and destinations in Mexico (Cancún, Querétaro), Caribbean, and Thailand (Bangkok). Flights are long-haul routes averaging 9,000-11,000 km with 11-12 hour flight times.
2. Ancillary Services: Revenue from additional services including extra luggage, seat selection, travel insurance, priority check-in, and Turista+ class upgrades. Seat selections can be made from moment of booking up to 4 days before departure.
3. Onboard Sales: In-flight sales of duty-free products including tobacco, alcohol, and onboard boutique items. Also includes onboard restaurant/dining services and premium menu options.
4. Flight + Hotel Packages: Vacation package sales combining flights with hotel accommodations through paquetes.iberojet.com platform for destinations including Mauritius, Thailand, Costa Rica, Punta Cana, Caribbean, and Riviera Maya.
5. Installment Payment Financing: Financing services offered through third-party providers (SeQura, FLOA, Wizink Bank, Pepper) allowing customers to pay for flights in installments, with Iberojet receiving full payment while the financing partner handles the installment arrangement.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Iberojet operates scheduled long-haul leisure flights from Madrid-Barajas to Mexico (Cancún, Querétaro), the Caribbean (Punta Cana, La Romana), Central America (Costa Rica, El Salvador, Honduras), Southeast Asia (Bangkok, Thailand) and Africa (Mauritius). The airline also sells bundled Flight + Hotel vacation packages through paquetes.iberojet.com and earns ancillary revenue from seat selection, extra luggage, travel insurance, the Turista+ premium cabin, in-flight dining and entertainment, onboard duty-free sales, and installment-payment financing through partners such as SeQura, FLOA, Wizink Bank and Pepper.

Product overview

Iberojet is a Spanish airline operating under Evelop Airlines S.L. (CIF B57797755) and ORBEST S.A. (NIF 507911202), providing low-cost long-haul flight services primarily between Europe and vacation destinations in Mexico, the Caribbean, and Thailand. The product portfolio centers on two core offerings: direct flight bookings through the website (iberojet.com) and bundled Flight + Hotel packages via paquetes.iberojet.com. The flight service includes value-added features such as Turista+ premium economy class, onboard dining with premium menus, in-flight entertainment (music and cinema), and seat selection. Ancillary services encompass extra luggage, travel insurance, priority services, and installment payment options through financing partners (SeQura, FLOA, Wizink Bank, Pepper). Passengers can manage reservations online through the Manage My Booking portal and mobile app. The airline also operates an onboard boutique for duty-free sales and provides special assistance for passengers with reduced mobility.

Differentiator

Problem solved

Functional benefit

Products and services

• Scheduled Passenger Flights Scheduled passenger airline service offering direct long-haul flights from Madrid-Barajas to leisure destinations in Mexico, the Caribbean, Central America, Thailand and Mauritius for European leisure travelers.
• Flight + Hotel Vacation Packages Integrated vacation package offering that combines Iberojet flights with hotel accommodation for leisure destinations including Mauritius, Thailand, Costa Rica, Punta Cana, the Caribbean and Riviera Maya, sold via paquetes.iberojet.com.
• Turista+ Premium Cabin Class Premium cabin class upgrade available on Iberojet flights providing enhanced comfort and service compared with standard economy.
• Onboard Dining and Premium Menu Onboard restaurant and dining service offering premium and themed menu options during Iberojet flights for paying passengers.
• In-flight Entertainment Onboard audio and video entertainment system offering in-flight music and cinema on intercontinental, European and Canary Islands flights.
• Extra Luggage Allowance Additional checked baggage allowance that passengers can purchase beyond the standard included luggage allowance on Iberojet flights.
• Travel Insurance Travel insurance coverage for trip cancellation, medical emergencies and other travel-related incidents purchased by passengers alongside their Iberojet booking.
• Seat Selection Pre-flight seat reservation service allowing passengers to choose specific seats on the aircraft from booking until four days before departure.
• Installment Payment Financing Third-party installment payment financing allowing passengers to pay for Iberojet flights and packages over time through SeQura, FLOA, Wizink Bank and Pepper.
• Iberojet Mobile App Native mobile application for iOS and Android devices providing flight booking, reservation management, online check-in and flight information access.
• Onboard Boutique (Duty-Free Sales) Onboard duty-free shopping service selling tobacco, alcohol and general merchandise to passengers during Iberojet flights.
• Special Assistance Services Accessibility services for passengers with reduced mobility or special needs, including wheelchair assistance on Iberojet flights.

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• ORBEST S.A.coreOthersORBEST S.A. is a Portuguese operating entity of Iberojet, registered in Lisbon with Tax ID 507911202. It serves as a secondary legal entity alongside Evelop Airlines S.L. for Iberojet operations, particularly for the Portuguese market.
• Ávoris GroupcoreStrategic or Co-development PartnerParent company/business group to which Iberojet belongs. Iberojet transfers personal data to companies within the Ávoris Group for internal administrative purposes. Full list of group companies available at https://www.avoristravel.com/companiesandassociates
• European Union Emissions Trading SystemminorStrategic or Co-development PartnerEU regulatory framework that co-financed Iberojet's use of eligible sustainable aviation fuel (SAF) in 2024, providing EUR 2,330.64 in support of aviation decarbonization efforts.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Binter Canarias: Spanish regional airline focused on Canary Islands connectivity from mainland Spain; comparable as a Spanish leisure/regional carrier with EU regulatory exposure but not a direct long-haul competitor.
• Viva Aerobus: Mexican low-cost carrier operating primarily domestic Mexican routes and some cross-border services; comparable as a leisure-focused carrier in Iberojet's destination market rather than a direct competitor on transatlantic services.

Direct peers

• Air Europa: Spanish airline also operating long-haul leisure and scheduled routes from Madrid to the Americas and beyond, with overlapping Spain-Latin America/Caribbean corridor presence and similar group-owned positioning.
• LEVEL: IAG-owned low-cost long-haul carrier initially based in Barcelona and operating intercontinental leisure routes; competes for Spanish-origin long-haul leisure demand with a similar pricing-focused model.
• Condor Airlines: German leisure long-haul carrier operating scheduled and charter flights to Caribbean, Mexico, and Asia destinations; comparable business model serving European leisure travelers with similar product/ancillary structure.
• Wamos Air: Spanish airline specialized in leisure and charter long-haul operations from Spain to the Americas, with overlapping customer segment (Spanish leisure travelers) and similar product positioning.
• Plus Ultra Líneas Aéreas: Spanish long-haul leisure airline operating scheduled services from Spain to Latin America and Caribbean destinations, directly competing on the same Spain-origin leisure corridors as Iberojet.

Broad incumbents

• Iberia: Flag carrier of Spain and dominant long-haul operator from Madrid-Barajas to Latin America, Caribbean, and beyond; competes directly with Iberojet on Spain-Mexico/Caribbean leisure routes but as part of a much wider network.
• TUI fly: European leisure airline within the TUI Group offering holiday flights and bundled packages to long-haul destinations including the Caribbean, Mexico, and Asia — comparable model combining scheduled leisure flights with vacation packages.

Others

• Evelop! Airlines: The prior brand of the airline now operating as Iberojet; useful as a precedent for how the carrier has been repositioned within Ávoris Group rather than as an active competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/iberojetair_pt

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iberojet PT