After years of rumours and “possibly subsequent 12 months” hypothesis, Iberia is lastly placing Toronto (YYZ) on the map.
Beginning June 13, 2026, the Spanish flag service will launch continuous flights between Toronto Pearson (YYZ) and Madrid (MAD), operated 5 occasions weekly and timed properly for each Canadian leisure travellers and onward connections throughout Spain, Europe, and past.
The route is a part of Iberia’s Flight Plan 2030 progress technique, which features a deliberate €6 billion funding and an enlargement of its long-haul fleet from 45 to 70 plane over the subsequent decade. Toronto will turn into Iberia’s forty ninth vacation spot in its community, and its solely level in Canada.
It’s a welcome addition to Toronto’s nonstop choices to Europe, and extra importantly, one other option to put Avios to work.
Toronto (YYZ) to Madrid (MAD) on the A321XLR
Iberia’s new service will function 5 weekly in the course of the summer time season on Mondays, Wednesdays, Fridays, Saturdays, and Sundays, with the next schedule:
- IB367: Madrid (MAD) 12:00 p.m. → Toronto (YYZ) 3:00 p.m.
- IB368: Toronto (YYZ) 5:10 p.m. → Madrid (MAD) 6:55 a.m. (+1 day)
The flight is blocked at round 9 hours westbound and 8 hours 45 minutes eastbound, protecting roughly 3,774 miles every means.
Iberia will deploy its Airbus A321XLR, configured with:
- 182 seats whole
- 14 lie-flat enterprise class seats
- 168 economic system seats

The A321XLR is Iberia’s new long-range narrow-body workhorse, that includes Airbus’s Airspace cabin with bigger overhead bins, trendy lighting, and up to date interiors. It’s designed to offer widebody-like vary with single-aisle economics – which airways love, even when some passengers nonetheless side-eye a narrow-body for an in a single day Atlantic crossing.
Iberia expects to supply round 37,000 seats between Madrid and Toronto over the primary summer time season, which is a significant however modest capability enhance in comparison with widebody operations.
Iberia has additionally introduced it’ll roll out free, high-speed Wi-Fi powered by Starlink beginning in 2026. As soon as accessible on the A321XLR to this route, passengers can sit up for in flight connectivity quick sufficient for streaming and work.
Redeeming Avios on Iberia’s Toronto–Madrid Flights
The flights are already loaded into Iberia’s system, and saver award pricing is now dwell.
Financial system Fundamental from Toronto (YYZ) to Madrid (MAD) is displaying at 16,000 Avios off-peak and 19,500 Avios on peak dates, with taxes and costs from about $112.43 USD.

Enterprise Consolation is pricing at 40,500 Avios + $147.03 USD on off-peak dates – a terrific deal for a lie-flat seat throughout the Atlantic.
These costs align with Iberia’s printed award chart for transatlantic routes of this distance. It’s a welcome shift from the sooner inflated charges and brings Toronto–Madrid redemptions consistent with different A321XLR routes like Washington Dulles (IAD) and Boston (BOS).

A number of sensible notes for reserving with Avios:
- E book by way of Iberia Plus the place doable for decrease surcharges in comparison with British Airways Govt Membership on Iberia metallic.
- Iberia Plus awards on Iberia flights may be modified or cancelled (for a price) as much as 24 hours earlier than departure; inside 24 hours, modifications and refunds are usually not allowed.
In case you’re versatile with dates, it’s value checking the calendar for these 40,500 Avios off-peak enterprise class seats. Even on peak dates, it’s nonetheless a strong deal for a transatlantic nonstop – particularly in the event you’re stacking a switch bonus.
Earn Avios
The glad a part of this announcement is that Avios are very straightforward to earn, and also you get a number of levers to play with:
- RBC Avion: Avion factors switch 1:1 to British Airways Avios, and you may then transfer Avios between BA, Iberia, and different Avios “flavours.” At present, there’s a 30% switch bonus from RBC Avion to British Airways Avios, which may meaningfully decrease your efficient price for these flights in the event you lock in early.
- American Specific Membership Rewards: Amex MR additionally transfers to Avios, offering one other versatile supply of factors you may direct towards Iberia, British Airways, or Qatar Airways.
- Lodge factors: Marriott Bonvoy stays a final resort, with 60,000 Bonvoy factors changing to 25,000 Avios, however you’ll positively get higher worth utilizing financial institution currencies first.
Stack these sources, and a round-trip economic system redemption (and even enterprise sooner or later) to Madrid on Iberia from Toronto may be very achievable – particularly in the event you catch a switch bonus window just like the one presently accessible with RBC.
Conclusion
Iberia’s new Toronto (YYZ) – Madrid (MAD) service launching June 13, 2026, provides one other helpful nonstop path to Europe for Canadians on the Airbus A321XLR.
With 5 weekly flights, award availability already loaded, and seamless connectivity into Iberia’s broader community, it’s a sensible enlargement that matches neatly into the airline’s Flight Plan 2030 and the oneworld transatlantic partnership.
In case you’ve been stockpiling Avios, or eager about getting began, the timing couldn’t be higher. With the continuing 30% Avion to Avios switch bonus, it’s straightforward to lock in a terrific deal to Spain.