Iberia Express is a Spanish airline owned by Iberia, which operates short- and medium-haul routes from its parent airline's Madrid hub, providing feeder flights onto Iberia's long-haul network. The airline began operating on 25 March 2012 and shares its head office with Iberia in Chamartín, Madrid.The launch of the airline was announced by IAG on 6 October 2011 and led to strike action in late December 2011 by pilots concerned over a potential loss of jobs caused by the new airline.