Air Madrid Líneas Aéreas S.A. was an airline headquartered in San Sebastián de los Reyes, Community of Madrid, Spain, operating services to Spain, Tenerife, Mexico, South America, Central America, Europe and Israel. It suspended its operations on 15 December 2006, leaving more than 330,000 passengers stranded in Latin America and Spain. Air Comet took over the Latin American routes, but has now ceased operations as well.