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Friday, September 5th 2003, 9:30pm

El Pais 2nd June 1921

A consortium of Iberian investors and the German company Luftschiffbau Zeppelin GmbH have founded a company for the production and operation of civilian airships in Madrid. Experienced staff for this company is not a problem since many German engineers and pilots have recently emigrated to caribbean parts of the Iberian Federation and are holding Iberian passports. The first line is planned to run from Madrid to Panama via Santiago de Cuba. Negotiations with Atlantis about a stop in Cleito are ongoing.