No. Iberia Avios, like other airlines loyalty programs rewards, can be redeemed only toward award tickets of this airline or its partners. Sometimes they also offer redemption options on hotel stays, car rental etc. To have more freedom in redeeming miles you can search for Iberia partner airline that will operate more flights and then transfer your Avios to their frequent flyer program. Remember that you may lose some of your miles as transfer rates are not always 1:1. If you want to redeem your miles towards any airline tickets or towards any travel related purchase, better consider applying to Discover it® Miles.
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