How to Cancel an Icelandair Flights?

Afraid that you may lose a lot of money when you cancel a flight? IcelandAir offers protection from cancellation. The option of buying a cancellation protection plan is available at the time of purchase. If you have not bought this, your request will be dealt according to the cancellation policy of Iceland Air. Make sure you know how you purchased the ticket because the way to cancel will depend on this.

• Tickets directly purchased with IcelandAir, through its website, app or service center - You may be able to cancel it online.
• Third-party bookings such as an online travel agency or a travel agent - Call the travel agent or agency because they will be responsible for cancellation.

The cancellation policy of IcelandAir differs slightly for domestic and international bookings. Our Flyostudio blog will go into the details of how cancellation and refunds work on this airline.

What is Icelandair Cancellation Policy right now?

If you haven’t included cancellation protection to your domestic or international booking, your cancellation request will be processed according to the type of ticket you purchased. Not that you cannot get a full refund. But you must cancel a ticket within 24 hours of the purchase when the flight is not less than 2 days away. Only then you will be able to cancel IcelandAir flight and get a full refund. The fare rules are stated on the confirmation mail. Fare types of IcelandAir are divided into non-refundable and refundable. Take a look at the details.   

• Non-refundable - Economy Light and Economy Standard may be cancelled but no refund is given.
• Refundable - Economy Flex and Saga Flex may be cancelled for a full refund.
• Upgraded tickets - May be cancelled but only Flex upgrade portion will be refunded.
• Partly Used tickets - May be cancelled but refund will be calculated according to the used portion.

Cancellation protection may be added up to 36 hours after the purchase. For details or assistance, you may visit or contact Flyostudio.

Can I Cancel my Icelandair Flight without a fee?

When you cancel a ticket outside the grace period, a cancellation fee of IcelandAir may be charged. The grace period ends after 24 hours of purchase for flights not less than 2 days away. Then the fare type with which you purchased a ticket will be the only benchmark. Saga Flex and Economy Flex will not require you to pay charges. Economy Standard may require you to pay slightly less charges compared to Economy Light. You may like to know a little more about fees.

• Booking fee is retained - Even if you included a cancellation protection, you will not get back the booking fee.
• No-show fee may apply - Where no-show is permitted, you will have to pay a no-show fee if you do not cancel before departure.
• No-show fee on partly used tickets - You may owe IcelandAir a no-show fee on partly used tickets.

Does Icelandair give you 24 hours to Cancel?

People sometimes accidentally book an unsuitable flight. If that is the case with you, Icelandair may let you cancel and get a refund. However, Icelandair 24-hour flight cancellation policy, only applies to flights to or from US. Flights not less than 7 days away may be cancelled. If you are flying from anywhere else, you may cancel a flight not less than 2 days away. Take a look at the impact of not cancelling a flight according these time limits.

• Charges - Cancellation fee of IcelandAir will be due for Economy Standard.
• No refund - Economy Light may not give you any refund.
• No-show fee - A penalty may be imposed for not cancelling before departure.

How much does Icelandair Charge for Cancellation?

It is not true that people have to put up with heavy charges on Icelandair. Claims that they have to pay an IcelandAir Cancellation fee almost as much as the price of a one-way flight are exaggerated. Only non-refundable tickets may require you to pay a charge. The remaining amount may be available to you in the form of travel credit vouchers. Take a look at the charges you will pay on IcelandAir.

• No-show fee - The charge for Economy Flex and Saga Flex is up $300.
• Cancellation protection - Economy passengers pay $27 and Saga passengers pay $37.
• Service charges - If you request an IcelandAir representative to cancel a flight, it may cost you $ 25. 

Does Icelandair give refunds if you cancel a flight?

Of late, flyers have complained about the slow refund processing after a flight cancellation. If you paid a ticket with your credit card, IcelandAir will send a credit statement to the credit card issuer within 7 days of the refund. If you paid with a check or cash, it may take IcelandAir up to 20 days to provide you with a refund. The refund is typically in the original form of payment. You may get travel credit vouchers for non-refundable tickets. Travel credit vouchers come with an expiry date. They are valid for booking up to 8 years from the date of issue, and for travel up to 1 year from booking. Under IcelandAir refund policy, a few charges are not refunded.

• Booking fees are not refundable for all ticketed passengers. - Even if you have cancellation protection, the booking fee is retained.
• Carrier-imposed surcharges are non-refundable. - This is applicable to non-refundable tickets like Economy Light and Economy Standard.

You may get a refund of government taxes and airport fees if you do not use a ticket. So, it is recommended that you cancel and apply for a refund. For details you can visit or contact Flyostudio.