Icelandair Cancellation Policy & Refund

Icelandair, which is known for offering commendable service for passenger convenience If you have booked your air tickets with Icelandair and now wondering how to cancel it, You can follow the Icelandair cancellation policy, which not only helps you choose the flight you want to cancel, but you can also find a simple way to get an easy refund.

What is Icelandair Cancellation Policy

If you are about to cancel your Icelandair ticket, you must first go through its cancellation policy. The following guidelines regarding the Icelandair cancellation policy are very useful to you.

  • If the passenger has made their bookings from the official website of Icelandair, no passenger service charges will be charged.
  • It is easy to change a flight booked to Icelandair in the period before the scheduled departure of the flight. The airline offers the possibility of booking a new flight to Icelandair, with no small difference or no fare.
  • In case the ticket is canceled by the airline no cancellation fees will be charged.
  • A cancellation fee will not be charged to a passenger holding a non-refundable card if they are able to cancel the ticket within 24 hours of booking.
  • For non-refundable ticket holders, if they wish to cancel the tickets after 24 hours, They must pay a cancellation fee according to their destinations and will receive a portion of the tax as a refund.
  • The Icelandair cancellation policy says If the flight is delayed for more than 4 hours, you do not have to pay the cancellation fee.
  • Tickets booked a week or more before the start of the trip through the Icelandair reservation system can be canceled free of charge

Procedure To Cancel Icelandair Flight Ticket

Canceling an Icelandair ticket is not a cumbersome process as it's a simple online procedure that can be done from its official site. Passengers can cancel their flight by simply going to the Manage My Trip section. Here are the steps to cancel Icelandair tickets online:

  • Go To the official website of Icelandair sign in to your Icelandair account.
  • Now You have to go to the Manage Booking section and enter the mandatory details like booking number or last name.
  • If you are eligible for a refund enter the bank details to simply get your refund amount.
  • Find the corresponding booking which you want to cancel now, click on the cancel button and follow the on-screen instructions.
  • The confirmation mail will be sent to the email that you entered at the time of booking tickets.

What Icelandair Refund Policy Says

If the traveler gets surrounded in extreme situations and wants to cancel their Icelandair flight they can easily do it either online or offline but before this, they should know how to get its refund, here we have mentioned what Icelandair Refund policy is all about.

  • It takes 20 business days to reflect the refund amount after the cancellation of the ticket.
  • Passengers without a plan are not entitled to receive a full refund after the risk-free period has expired. If non-refundable ticket holders cancel tickets after the 24-hour, they will have to pay Icelandair cancellation fee to receive a refund.
  • The passenger who has purchased the $ 27 protection plan does not have to pay a cancellation fee. They will receive a refund from the airline within one to three weeks.
  • If the flight is delayed for more than 5 hours Both Refundable & Non-refundable ticket holders are eligible for a full refund.

Icelandair Cancellation Fees/ Charges

The airline charges the cancellation fee depending on several factors such as passenger’s destination, days of cancellation, etc. The passengers are not charged within the risk-free period i.e. within a 24hours window. But after 24 hours of reservation, passengers have to pay the service charge in order to avail of the refund. Below are some extracts from Icelandair Cancellation policy

We can classify the tickets under two categories



The passengers are entitled to a refund free of charge in both categories within the 24 hours’ frame. But if the passenger wishes to cancel the ticket after that, then:

  • In case of refundable tickets, the whole ticket amount will be forfeited after the departure of the flight.
  • In the case of Non-refundable tickets, the passenger will be charged some service fees for a refund.

Important points to note on Icelandair Cancellation Policy

  • The airlines restrict the cancellation of Award tickets and charge the passengers if they wish to do the same.
  • The airline will not charge any fees if it cancels the flight itself.
  • The passenger is not liable to pay any charges even after 24 hours’ window if he had purchased a 27USD Protection Plan
  • The passengers having Economy Lite tickets are liable to pay a cancellation fee equal to 70 percent of the ticket amount.

Hence, this was the complete guide regarding the Icelandair refund and cancellation policy that the traveler requires to know before canceling the tickets, if you still fail to do it by yourself get in touch with airline representatives for further assistance.

Icelandair Cancellation Policy & Refund FAQ

What are the Compensations if Icelandair Cancels the Flight?

In this case, the Airline will provide free accommodation, food, transportation to the passengers, and the traveler will get compensation for that but the value will depend on two factors which are the reason and time. and you will get 250 EUROs to 600 EUROs. and if the flight gets delayed for more than four hours, then you can cancel the trip without any cancellation charges.