Icelandair's ticket cancellation policy is slightly different from the quality policy. Icelandair Cancellation Policy there's no got to buy the cancellation if the flight is delayed for quite 4 hours.

If the airline doesn't complete the trip on time, it'll offer the subsequent benefits to passengers:

In accordance with Icelandair's ticket cancellation policy, the airline will offer a free full refund, accommodation, transportation if needed, food, calls, etc.

To receive the advantages , passengers must contact the airline's customer service team within 14 days of the date of departure.

The value of the compensation is set after evaluating the space of the route, the category of the ticket and lots of other factors.

Both refundable and non-refundable ticket holders are eligible for a full refund. Icelandair's ticket cancellation policy isn't applied if the flight is delayed for quite 5 hours. All passengers will receive compensation with free services.