A traveler will always review the cancellation policy before purchasing tickets. Hence, if you're planning to fly with Icelandair soon, the following explanation on Icelandair Cancellation Policy is quite helpful.

What is the Icelandair cancellation policy?

Here are the guidelines on the cancellation policy of Icelandair:

• No service fees will be assessed to customers who book through Icelandair's official website.
• All refundable tickets do not incur cancellation fees, per Icelandair's cancellation policy, if they are canceled within 24 hours.
• The airline will forfeit the ticket fee after the flight has taken off, and customers will not be given a refund.
• Icelandair has a significantly different cancellation policy for non-refundable tickets. The airline will collect the entire amount as cancellation fees if the ticket is not canceled within 24 hours after booking.
• If the airline cancels the ticket, there is no fee for the passengers to cancel.
• Passengers with award tickets are not permitted to cancel their trips, according to Icelandair's cancellation policy. If he or she cancels, they will not receive a refund.
• Booking cancellations are permitted up to 24 hours prior to departure.
• It takes 20 business days after a ticket is canceled for the refund to appear in the passenger's bank account.
• In the event that the airline issues a travel voucher, it must be utilized within a year of the date of issuance. The total cost of the ticket is the value of the travel voucher.

Steps to cancel Icelandair flight:

Follow the below-given steps for canceling your flight:

• To begin, go to the booking tab and select the login option. Type the email address and password correctly. 
• If you need to cancel an airline ticket and transfer to another, you must contact customer service. 
• Then click on the flight name and number under the booking area to proceed to the next step. 
• Follow the simple on-screen instructions by selecting the cancel button, then selecting the continue button. 
• If you are qualified for a straightforward refund, choose the flight refund button and provide your bank information. 
• You can request a refund in accordance with the cancellation policy and wait up to 24 hours to receive your money in your bank.

However, in case you come across any difficulty, please contact us by dialing the Iceladair phone number.