Submit your bids! Iberia launches auction site

If Austrian Airlines launched online business class upgrade auctions a couple of years ago, Iberia has gone onoe step further and has just launched a dedicated auctions site covering all seat classes.

You would need to register first (this act alone will enter you into a draw to win 30,000 Avios, IAG's frequent flyer "currency") before submitting your bids. Starting prices look quite tempting, particularly for long-haul flights, such as the €50 for Madrid-Miami. Will be interesting to see whether how much further up it goes...First auction is on 27th May.