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A defunct Spanish low-cost airline.

Last updated November 4, 2026

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Overview

Air Madrid was a Spanish low-cost airline founded in 2003 and based in Madrid. It primarily operated international routes linking Spain with Latin America, serving travelers seeking relatively low-cost transatlantic flights, including visiting-friends-and-relatives and leisure passengers. The airline expanded its route network after launch but later faced financial and operational difficulties. Air Madrid ceased operations in 2006, after which the brand left the airline market. Publicly verifiable information about the company is limited, so this entry records only its basic identity and known operating history.

History

Air Madrid was established in Spain in 2003 as a low-cost airline. Its business focused on international passenger services connecting Spain with destinations in Latin America, using a price-oriented model in the transatlantic market. The airline developed routes and passenger operations after its launch, but its financial condition later deteriorated. Air Madrid ceased operations in 2006 because of financial problems, affecting ticketed passengers and scheduled services. After the shutdown, the brand no longer operated as a continuing airline. The available material is insufficient to state its exact fleet size, number of destinations, management history, or subsequent legal resolution.

  • 2006

    Ceased operations

    Air Madrid ceased operations due to financial problems, ending its passenger service between Spain and Latin America.

  • 2003

    Air Madrid founded

    Air Madrid was founded in Spain and began operations as a low-cost international airline.

Products and positioning

A low-cost international airline focused on connecting Spain with the Latin American market.

  • 2003

    International passenger flights

    Air Madrid's core business was scheduled international passenger service, focused on routes linking Spain with Latin American destinations and positioned as a low-cost airline.

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