Scheduled airlines
| Airline | Image | IATA | ICAO | Callsign | Commenced operations |
|---|---|---|---|---|---|
| Eagle Air |  | FEI | ARCTIC EAGLE | 1970 | |
| Icelandair |  | FI | ICE | ICEAIR | 1937 |
| Norlandair |  | FNA | NORLANDAIR | 2008 | |
| PLAY |  | OG | FPY | PLAYER | 2019 |
This is a list of airlines currently operating in Iceland .
| Airline | Image | IATA | ICAO | Callsign | Commenced operations |
|---|---|---|---|---|---|
| Eagle Air | | FEI | ARCTIC EAGLE | 1970 | |
| Icelandair | | FI | ICE | ICEAIR | 1937 |
| Norlandair | | FNA | NORLANDAIR | 2008 | |
| PLAY | | OG | FPY | PLAYER | 2019 |
| Airline | Image | IATA | ICAO | Callsign | Commenced operations |
|---|---|---|---|---|---|
| Air Atlanta Icelandic |  | CC | ABD | ATLANTA | 1986 |
| Mýflug |  | MYA | MYFLUG | 1985 | |
| Atlantsflug |  | HEKLA | 2004 |
| Airline | Image | IATA | ICAO | Callsign | Commenced operations |
|---|---|---|---|---|---|
| Bluebird Nordic |  | BO | BBD | BLUE CARGO | 2000 |
| Icelandair Cargo |  | FI | ICE | ICEAIR | 2000 |
Lists of airlines cover existing and defunct airlines. Complete lists are given in alphabetical sequence by the name of the continent from which they operate. Lists are also given by size, by business model and by other characteristics. There are over 5,000 airlines with ICAO codes. The world's largest airline by fleet size and passengers carried is American Airlines, operating from the United States.
Aero Flight GmbH & Co. Luftverkehrs-KG was an airline based in Oberursel, Germany. It operated international charter passenger service.
Icelandair Group hf. is an Icelandic travel industry corporation, the owner and holding company of the airline Icelandair and several other travel industry companies in Iceland. The group's headquarters are at Reykjavík Airport in Reykjavík. The corporation is the largest in Iceland, with 125 billion ISK in revenue in 2013.
XL Airways Germany GmbH was a German charter airline headquartered in Mörfelden-Walldorf, Hesse, operating charter and ad-hoc lease services, mostly out of Frankfurt Airport. The airline belonged, together with now defunct XL Airways France, to ALMC hf from Iceland.
Wow Air, stylized as WOW air, was an Icelandic ultra low-cost carrier operating between 2012 and 2019. The airline was headquartered in Reykjavík and based at Keflavík International Airport. It flew between Iceland and the rest of Europe and North America, and also flew to India as part of a wider plan to expand in Asia. The airline abruptly ceased operations on 28 March 2019, when its operating company WOW air hf. went out of business. The airline's assets were acquired by United States-based holding company USAerospace Associates, which announced in 2019 and 2020 that it intended to relaunch the airline under the same brand.
Fly Play hf. is an Icelandic low-cost airline headquartered in the country's capital of Reykjavík. It operates a fleet of Airbus A320neo family aircraft with a hub at Keflavík International Airport.
Niceair was a virtual airline headquartered in Akureyri in northern Iceland, with operations based at Akureyri Airport. The company launched services on 2 June 2022, using a leased Airbus A319. It was forced to suspend all operations and later declared insolvency in May 2023.