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Icelandair·None (partners with Alaska, JetBlue and others)

Icelandair Cancellation & Refund Policy

AI Travel Summary & Overview

Icelandair Cancellation & Refund Policy — Summary

Icelandair refund rules: refundable vs non-refundable fares, travel credit validity, and when US DOT rules entitle you to cash back instead of a voucher.

Key Travel Facts & Insights

  • Refundable fares: Flexible Saga fares refund to the original form of payment..
  • Non-refundable fares: Light and Standard are non-refundable; taxes remain claimable..
  • How long credits last: Vouchers carry a defined validity from issue..
  • Your rights when the airline cancels: Iceland is in the EEA, so EU261 applies to Icelandair departures from Iceland and the EU: €250–€600 per passenger for qualifying cancellations and delays over three hours..
AirlineIcelandair
IATA CodeFI
TopicCancellations & Refunds
Last reviewed2026-07-31

Refundable fares

Flexible Saga fares refund to the original form of payment.

Non-refundable fares

Light and Standard are non-refundable; taxes remain claimable.

How long credits last

Vouchers carry a defined validity from issue.

Your rights when the airline cancels

Iceland is in the EEA, so EU261 applies to Icelandair departures from Iceland and the EU: €250–€600 per passenger for qualifying cancellations and delays over three hours.

Cancelling before departure

No-show forfeits restricted fare value.

How to request a refund

icelandair.com and the app handle changes, seats and bags.

If the airline does not respond

Customer service form first; unresolved EU261 claims go to the Icelandic Transport Authority.

Icelandair cancellations & refunds — common questions

Can I get a refund from Icelandair?

Flexible Saga fares refund to the original form of payment. Light and Standard are non-refundable; taxes remain claimable.

How long is a Icelandair travel credit valid?

Vouchers carry a defined validity from issue.

Do I get cash back if Icelandair cancels my flight?

Iceland is in the EEA, so EU261 applies to Icelandair departures from Iceland and the EU: €250–€600 per passenger for qualifying cancellations and delays over three hours.

More Icelandair help

All Icelandair policies and guides

Booking Icelandair? Talk to a US travel consultant.

Fare rules, baggage allowances and change policies differ by route and fare brand. Our consultants confirm the exact terms attached to your itinerary before you pay — and handle the change or refund if plans move.