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Amazing €999 (£873) Iberia business class fare to Cancun and Mexico City

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Iberia has launched an amazing €999 Business Class fare between Madrid and Cancun or Mexico City.

It isn’t clear why this offer is running – I can’t see any advertising for it – which means we have no idea how long this deal will last.  The fare does not show on ITA Matrix so I cannot extract the fare rules.

We published this article on Monday afternoon. There is a chance the fare is gone if you are reading this on Tuesday

It IS valid over Christmas at this price.

Remember that Iberia flights earn British Airways tier points and Avios.

Here is an example for August, click to enlarge:

Iberia deal to Mexico

Cancun, with a connection on Interjet in Economy, is just £852.

If you doing this for the BA tier points, you might want to start in Seville, Bilbao, Palma, Valencia or Santander via Madrid (Barcelona does not work).  This is assuming that Air Nostrum connections with an Iberia flight number earn tier points in BA Executive Club which I cannot guarantee.

Such a trip will earn 280 tier points return in British Airways Executive Club, or 320 if you start in Seville or Bilbao.  Spanish domestic flights are only 20 tier points each way in Business.

Iberia Mexico City business class deal

The aircraft is an Airbus A340.  This does not get the latest business class seat used on the Iberia A350 which I reviewed here.  However, I reviewed the similar Iberia A330 seat a couple of years ago and it is still very good.  It is fully flat and a 1-2-1 configuration.

If you don’t have a credit card with 0% foreign exchange fees, your best option for paying is American Express Preferred Rewards Gold which offers triple points – 3 per £1 – when you book flight tickets in a foreign currency.  This is because the transaction triggers the ‘double points for airline spend’ and the ‘double points for foreign spend’ bonuses.

Click here to visit the booking page on iberia.com and see what you can find.  For well under £900 return, plus the cost of getting to Madrid and back, you can’t go wrong.

If you’d prefer not to pay, of course, our detailed guide on how to redeem Avios on Iberia is here – it is well worth a look as there are many ‘sweet spots’ and taxes are low.


How to earn Avios from UK credit cards

How to earn Avios from UK credit cards (May 2024)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express Premium Plus

25,000 Avios and the famous annual 2-4-1 voucher Read our full review

British Airways American Express

5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £15,000 Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express

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Run your own business?

We recommend Capital on Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.

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You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.

American Express Business Platinum

40,000 points sign-up bonus and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

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Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

Comments (32)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Roberto says:

    Plenty of good quality cheap hotels with shuttle bus near Madrid for anybody considering doing this trip. I fly IB often and whist the crew are not as engaging as Ba their long haul flights are very good with direct aisle access from every seat , good food and great wines.

    I try not to pick row 1 on a night flight as there is too much noise/light right up the front. Remember to try the Tio Pepe before your meal and the XO brandy afterwards to get the full spanish experiance. They also have good decaf coffee onboard if thats your poison on choice.

  • Kenny says:

    I suspect this is an error fare.. tried searching just now and none of any business class seats are available, up until 2020… yikes!

    • Renaud says:

      I can still see some availability in August, which is the date for which we booked our MAD-CUN seats a bit earlier for £801 each!

    • Rob says:

      €999 is an odd figure for an error fare …

  • Paul says:

    Booked CUN out, MEX back for family of 5 during october half term. Will go cancun for a week and then mex f1 gp.. flights 4.1k.. bargain!

    • Shoestring says:

      Could have been worse, you might have opted for an open jaw coming back from Gustavo Vargas

  • MIssedTheBoat says:

    ….the deal is DEAD now! Just when I got my credit card out to book MEX in Nov… ;-(

    • Shoestring says:

      any particular reason you don’t subscribe to daily emails from HfP?

      • MIssedTheBoat says:

        How could I not be subscribed to HFP! Surely I do, just couldn’t commit to particular dates for a few days and then the deal was dead! Oh well…seems like surviving so far 😉

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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