Interjet (AIJ, Toluca) is in talks with Iberia (IB, Madrid Barajas) over the possibility of forming an alliance between the two airlines. Miguel Alemán Magnani, the president of Interjet, told Mexico's Sexenio that the carrier is conducting a study to consolidate an alliance with Iberia along with two other undisclosed companies in the sector. Mr Magnani added that a codeshare agreement was a strong possibility at this stage. Interjet is a Low Cost Carrier which offers extensive coverage of Mexico, the US, Cuba, Guatemala, Costa Rica and Colombia.