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German airline Lufthansa's air freight division and the German mail and logistics group Deutsche Post have applied for approval to set up a joint cargo carrier.
Reuters reported that a spokesman for Deutsche Post's DHL express delivery unit said it planned to expand its cooperation with Lufthansa, while the airline said details would be provided soon.
No further details were provided.
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Both companies are already benefiting from their existing cooperation as members of the global airline group Star Alliance.
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The chairman of Iberia has alerted the airlines's board to interest from four groups: Deutsche Lufthansa, British Airways, Texas Pacific Group and an unidentified Spanish fund.