Lima, Peru: €1,383 Nonstop Business Class from Madrid

LATAM Boeing 787 Business Class Sitze

Oneworld member Iberia and cooperation partner LATAM Peru have issued an interesting fare for nonstop business class travel between their nations’ capitals, Madrid and Lima. For just €1,383, you can cross the Atlantic Ocean twice in a lie-flat business class seat. This fare is valid for all travel that ends before May 31, 2021.


Worldwide travel restrictions are in place to slow the spread of Covid-19. We strongly recommend gathering detailed information about the travel and quarantine restrictions that apply to your desired origin and destination.

A good start is the International Air Transport Association (IATA) website. It provides current updates on a country’s current immigration policies. Even better, the Covid-19 Travel Regulations Map is one of the most useful tools you can find.

mad lim 7 9
Great roundtrip fare for two long business class journeys.

This fare applies only on itineraries that combine an outbound trip with LATAM and an inbound flight with Iberia. A Boeing 78 takes you to Peru, with 2-2-2 seating up front. Iberia’s Airbus A350 is scheduled to take you back to Europe, outfitted with 1-2-1 seating.

Search & Book

Fare rules for this deal are rather specific. Tickets are on sale until October 26, 2020 and all travel has to be completed on May 31, 2020 (arrival date of your inbound flight). In addition, a hefty minimum stay of seven days between departing Madrid and leaving Lima applies. On the upside, this fare is available almost daily in 2021.

You can use Google Flights (instructions) to check availability. You can buy tickets directly on LATAM’s website. Iberia has a similar offer, but charges €100 more. If you want to save a few bucks with an increased risk of losing your money, fire up our flight search to see what online travel agencies have to offer.

When booking on LATAM’s website, the site may suddenly display Economy Plus instead of Business Class during the booking process, but it should one again correctly display Premium Business at the end of the process, as seen in the screenshot above. You can also directly select your business class seats during the booking process, so don’t be alarmed by that small technical glitch on LATAM’s website.

Once you’ve booked the flight, check your booking class in the confirmation email. Should it not say business, you can cancel for free within 24 hours of having made the booking. This does seem highly unlikely, though.

Why is booking with an airline better than with an online travel agency?

More often than not, online travel agencies offer lower fares than airlines do. We still recommend to book with the airlines directly. There are two main reasons for that:

  1. Better Customer Service
    In case any problems like delays, cancellations or missed connections arise, you can communicate directly with the airline. The airlines has to take care of you because you have a contract with them.

    If a travel agency issues your ticket, you may have to reach out to them first. You also depend on your OTA to forward you information like flight changes instead receiving them directly from the airline. You may get a prime exhibition of responsibility shifting rather than problem solving.

    This especially applies for premium tickets. You don’t want to spend more than €1,000 to wind up with some budget OTA’s telephone hotline in case anything goes wrong.
  2. Baggage Fees
    Economy fares not including hold luggage are more and more common. In most cases, travel agencies charge much higher baggage fees than the airlines themselves. If bags are not included in your fare, airlines are often the cheaper alternative.


LATAM issues these tickets in booking class Z. Partners are few, but thy do credit a lot in this booking class. This information is subject to change as LATAM will leave Oneworld alliance in the future:

  • 23,670 on Alaska Mileage Plan
  • 17,760 on Delta SkyMiles
  • 17,760 on Miles & More
  • 14,800 on Iberia Plus
  • 14,800 on British Airways Executive Club
Data provided by Without guarantee on correctness.

Leave a Reply

Required fields are marked *.

Note: If your comment does not appear on the page immediately, it must first be approved by a moderator. This is especially the case if you are commenting for the first time.