Due to its economic output, standard of living, and market size, Madrid is the major financial centre of the Iberian Peninsula, hosting the headquarters of three of the world’s 100 largest companies: Telefónica, Repsol-YPF, Banco Santander. Barajas Airport (Aeropuerto de Madrid-Barajas), the main hub of Iberia Airlines, is located 13 km (8.1 mi) northeast of Madrid. The Madrid Metro Line connects the airport with Madrid’s city centre station Nuevos Ministerios in the heart of the financial district.
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