European airlines are a major part of the aviation industry. IBERIA, with 6 letters, is a Spanish airline that has been in operation since 1927 and is one of the largest airlines in Europe. Alitalia, with 8 letters, is an Italian airline that was founded in 1947 and is the flag carrier of Italy. SAAB, with 4 letters, is a Swedish airline that was founded in 1946 and is now part of the SAS Group. KLM, with 3 letters, is a Dutch airline that was founded in 1919 and is the oldest airline in the world still operating under its original name. SAS, with 3 letters, is a Scandinavian airline that was founded in 1946 and is the largest airline group in Scandinavia.