If the passenger cancels Icelandair within one day (24 hours) of booking, the passenger does not have to pay the cancellation fee. There is a cancellation fee for passengers canceling an Icelandair Airlines reservation. Passengers should be aware that there are two types of tickets available for travel, including refundable and non-refundable tickets. Passengers who choose a non-refundable ticket will not be eligible for any kind of refund if they cancel the reservation. Due to confusion, passengers may make mistakes when booking. In these situations, Icelandair Airlines' cancellation fees will not be canceled and you can cancel your reservation within 24 hours so you don't have to worry about losing money. However, if the passenger does not cancel within this specified time frame, the passenger will be required to pay a fee based on various factors. Another limitation of
Icelandair cancellation policy (24 hours) is that passengers must ensure that they have at least one week (at least 7 days) left before the flight departs. In such cases, passengers must ensure that both limits are met to ensure that cancellations are not charged a cancellation fee.
