Airlines in Spain

September 2026

Airlines in Spain records strong growth in 2026 despite higher airport charges, fuel-price volatility and increasing regulatory pressures. Rising operating costs are reshaping competition, with Ryanair reducing capacity at selected regional airports while Iberia, Vueling and other carriers expand opportunities on affected routes and focus on profitability over volume. The market is becoming increasingly segmented, with premium travellers continuing to support demand for long-haul travel, flexible fares and enhanced cabin products, while value-conscious passengers remain focused on affordability. This divergence is encouraging airlines to pursue more targeted strategies across premium and low-cost segments. Digitalisation and AI are also becoming increasingly important across the passenger journey. Airlines are investing in automation, digital retailing, dynamic pricing and AI-powered customer tools to strengthen direct sales and improve customer engagement. Looking ahead, fleet renewal, sustainability requirements, rail competition and further adoption of AI-driven services are expected to shape the future direction of Spain's airline industry.

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Overview:

Understand the latest market trends and future growth opportunities for the Airlines industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Airlines industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Airlines in Spain report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Airlines in Spain?
  • Which are the leading companies in Airlines in Spain?
  • How are companies responding to the travel restrictions?
  • Which travel sectors are proving the most resilient?
  • What are companies doing to innovate and future-proof?

Key Data Insights

Key Industry Trends

Ryanair route withdrawals create opportunities for competing airlines
Premium travellers support growth as value-conscious consumers remain price sensitive
Digitalisation and AI become increasingly important across the passenger journey
Chart 1 Airlines Sales: Value 2021-2031
Aena's net zero target is set to accelerate fleet renewal and cleaner operations
Higher ticket prices and rail expansion are expected to encourage modal substitution
AI adoption and market segmentation are set to reshape competition
Chart 1 Forecast Airlines Sales: Value 2021-2031
Cost pressures and route adjustments reshape competition among leading airlines
Chart 1 Airlines GBO Company Shares: % Value 2021-2026
Digital tools and premium experiences reshape the passenger journey
Iberia GPT expands personalised travel planning
AI and premium services support profitability and differentiation
Chart 1 Real GDP Growth 2021-2031
Chart 2 Inflation 2021-2031
Chart 1 Population 2021-2031
Chart 2 Population by Generation 2026
Chart 3 Consumer Expenditure 2021-2031

Country Reports Disclaimer

The following categories and subcategories are included:

Airlines

    • Low Cost Carriers
    • Full Service Carriers
  • Non-Scheduled Carriers
  • Passenger Revenue
  • Ancillary Revenue
  • Domestic Airlines
  • International Airlines
    • Airlines Online via Direct
    • Airlines Online via Intermediaries
    • Airlines Offline via Direct
    • Airlines Offline via Intermediaries

Airlines

Airlines covers sales made to country residents (outbound and domestic tourists) and excludes sales to incoming tourists. Please note that airlines sales made to country residents when they are travelling abroad or through foreign websites or apps are also included and will be considered under the country of residence. The total amount paid for a flight after taxes and other charges is included. The return flight leg is included as well as the total amount paid for a flight ticket. Value sales exclude all forms of transit. Euromonitor International considers airline capacity and passengers carried in terms of enplanement based on scheduled flights. A passenger whose flight stops mid-route to pick up more passengers but continues with the same aircraft/flight number would be counted as one enplanement. A passenger who switches flights to another airline or aircraft with a new flight number mid-journey would be considered as two enplanements. Enplanements are not the same as number of seats sold or seat bookings, as the latter both include all bookings and do not exclude no-shows and cancellations. Direct transit passengers are excluded, eg those who continue on the same flight. Other transit passengers are included where passengers change plane with a new flight number. Air passengers carried relate directly to air value sales, where domestic and outbound travellers are only included. As such value and volume data in both sizes and shares is aligned and exclude the inbound component.

See all of our definitions
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  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Airlines research and analysis database.

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