Both have an excellent reputation for service and safety, flying to destinations throughout the world.
The company said in May that it would cut 700 jobs, fly to fewer destinations and ground some aircraft.
The plane flew about 50 flights a month to various destinations in 2002 and 2003, according to federal records.
Iberia Group airlines fly to 97 destinations in 40 countries.
Originally the airline flew to three destinations, but quickly expanded.
Passengers of Condor will be able to fly to more international destinations.
Iberia Group airlines fly to over 102 destinations in 39 countries.
They have large hubs, fly often to many destinations and run their own computer reservation systems.
In 1985, more than one million people flew Arrow to 245 destinations in 72 countries.
The aircraft was then flown to several destinations throughout the Middle East.