Icelandair cancellation policy allows passengers to cancel tickets within 24 hours of booking for a full refund, provided the reservation was made at least one week before departure. For cancellations beyond this period, fees vary depending on the fare type and time of cancellation. Economy Light fares are typically non-refundable, while other fare classes may incur cancellation charges. Refunds may be issued in the form of travel credit. In cases of flight disruptions or schedule changes, Icelandair may offer rebooking or refunds. Passengers are advised to review specific fare rules and contact Icelandair's customer service for detailed information on Icelandair cancellations and refunds.
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