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Icelandair Cancellation & Change Policy (2026)

Last updated: May 1, 2026

Quick Answer

Icelandair offers free cancellation within 24 hours of booking. After that, Main Cabin and above: economy flex is fully refundable.. Basic Economy: economy light and economy standard are non-refundable. unused government/airport taxes are refundable..

24-Hour Free Cancellation

If you book a ticket through Icelandair's booking channels, you can cancel the ticketed reservation without penalty and receive a refund if the reservation is made more than 2 days prior to the scheduled flight departure and is cancelled within 24 hours after purchasing.

Change Fees by Fare Class

Fare ClassChange Fee
basic EconomyNot permitted for Economy Light. For Economy Standard, change fee applies (e.g., $250 USD for US to Europe).
main CabinEconomy Flex allows changes without a change fee, but fare difference may apply.
premiumSaga Premium allows changes for a fee. Saga Premium Flex allows changes without a change fee.
businessSaga Premium Flex allows changes without a change fee.

Cancellation Fees & Refund Type

Fare ClassCancellation Policy
basic EconomyEconomy Light and Economy Standard are non-refundable. Unused government/airport taxes are refundable.
main CabinEconomy Flex is fully refundable.
premiumSaga Premium is non-refundable. Saga Premium Flex is fully refundable.
businessSaga Premium Flex is fully refundable.

How Refunds Work

Refunds for eligible tickets or taxes are issued to the original form of payment.

Same-Day Flight Change

Subject to fare rules and availability; typically requires paying fare difference and applicable change fees.

No-Show Policy

No-show ticket is not valid for later use or refund. Remaining return and/or onward reservations will be automatically canceled.

How to Cancel Your Icelandair Flight

  1. 1Go to the Icelandair website.
  2. 2Navigate to 'Manage booking'.
  3. 3Enter your booking reference and last name.
  4. 4Select the option to cancel your flight and follow the prompts to request a refund if applicable.

Expert Tips

💡 Cancel within 24 hours of booking for a full refund if booked at least 2 days before departure.

💡 Consider purchasing Cancellation Protection if you might need to cancel due to illness.

💡 Even for non-refundable tickets, you can request a refund for unused government and airport taxes.

💡 Group bookings of 10 or more have different cancellation rules.

Frequently Asked Questions

Can I cancel a Icelandair flight for free?▼
Yes — If you book a ticket through Icelandair's booking channels, you can cancel the ticketed reservation without penalty and receive a refund if the reservation is made more than 2 days prior to the scheduled flight departure and is cancelled within 24 hours after purchasing. Economy Flex is fully refundable.
What is Icelandair's change fee?▼
Main Cabin: Economy Flex allows changes without a change fee, but fare difference may apply.. Basic Economy: Not permitted for Economy Light. For Economy Standard, change fee applies (e.g., $250 USD for US to Europe)..
How do I get a refund from Icelandair?▼
Refunds for eligible tickets or taxes are issued to the original form of payment.
What happens if I no-show on Icelandair?▼
No-show ticket is not valid for later use or refund. Remaining return and/or onward reservations will be automatically canceled.

More Icelandair Guides

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Online Check-In
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Size limits & weight
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Fees & requirements
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