$97 Cheap Flights from Madrid (MAD) to Reykjavik (KEF)

View $97 flight on Sat, Sep 13, 2025Opens in a new window

Popular airlines from Adolfo Suarez Madrid-Barajas Airport (MAD) to Reykjavik–Keflavik Intl. Airport (KEF)

Cheap Flights from Madrid to Reykjavik (MAD-KEF)

Prices were available within the past 7 days and start at $97 for one-way flights and $187 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

Iberia
Sat, Sep 13 - Thu, Oct 2
MAD
Madrid
KEF
Reykjavik
$187 Roundtrip, found 6 days ago
$187
Roundtrip
found 6 days ago
Select Iberia flight, departing Sat, Sep 13 from Madrid to Reykjavik, returning Thu, Oct 2, priced at $187 found 6 days ago
Fly Play
Mon, Nov 10 - Mon, Nov 17
MAD
Madrid
KEF
Reykjavik
$207 Roundtrip, found 16 hours ago
$207
Roundtrip
found 16 hours ago
Select Fly Play flight, departing Mon, Nov 10 from Madrid to Reykjavik, returning Mon, Nov 17, priced at $207 found 16 hours ago
Fly Play
Mon, Apr 13 - Fri, Apr 17
MAD
Madrid
KEF
Reykjavik
$210 Roundtrip, found 6 days ago
$210
Roundtrip
found 6 days ago
Select Fly Play flight, departing Mon, Apr 13 from Madrid to Reykjavik, returning Fri, Apr 17, priced at $210 found 6 days ago
Fly Play
Mon, May 4 - Mon, May 11
MAD
Madrid
KEF
Reykjavik
$211 Roundtrip, found 1 day ago
$211
Roundtrip
found 1 day ago
Select Fly Play flight, departing Mon, May 4 from Madrid to Reykjavik, returning Mon, May 11, priced at $211 found 1 day ago
Fly Play
Fri, Jun 5 - Wed, Jun 17
MAD
Madrid
KEF
Reykjavik
$221 Roundtrip, found 5 days ago
$221
Roundtrip
found 5 days ago
Select Fly Play flight, departing Fri, Jun 5 from Madrid to Reykjavik, returning Wed, Jun 17, priced at $221 found 5 days ago
Fly Play
Fri, May 22 - Wed, May 27
MAD
Madrid
KEF
Reykjavik
$221 Roundtrip, found 6 days ago
$221
Roundtrip
found 6 days ago
Select Fly Play flight, departing Fri, May 22 from Madrid to Reykjavik, returning Wed, May 27, priced at $221 found 6 days ago
Fly Play
Mon, Dec 15 - Fri, Dec 19
MAD
Madrid
KEF
Reykjavik
$222 Roundtrip, found 3 days ago
$222
Roundtrip
found 3 days ago
Select Fly Play flight, departing Mon, Dec 15 from Madrid to Reykjavik, returning Fri, Dec 19, priced at $222 found 3 days ago
World Ticket Ltd
Fri, May 1 - Fri, May 15
MAD
Madrid
KEF
Reykjavik
$245 Roundtrip, found 3 days ago
$245
Roundtrip
found 3 days ago
Select World Ticket Ltd flight, departing Fri, May 1 from Madrid to Reykjavik, returning Fri, May 15, priced at $245 found 3 days ago
Lufthansa
Fri, Jan 23 - Sun, Jan 25
MAD
Madrid
KEF
Reykjavik
$265 Roundtrip, found 2 days ago
$265
Roundtrip
found 2 days ago
Select Lufthansa flight, departing Fri, Jan 23 from Madrid to Reykjavik, returning Sun, Jan 25, priced at $265 found 2 days ago
KLM
Sun, Mar 1 - Sat, Mar 7
MAD
Madrid
KEF
Reykjavik
$271 Roundtrip, found 3 days ago
$271
Roundtrip
found 3 days ago
Select KLM flight, departing Sun, Mar 1 from Madrid to Reykjavik, returning Sat, Mar 7, priced at $271 found 3 days ago

Find the cheapest month to fly from Madrid (MAD) to Reykjavik (KEF)

May is typically the cheapest month to fly

From $173 - $488 per traveler.

Alternative airports near Reykjavik

Prices were available within the past 7 days. Prices and availability are subject to change.

Select flight to Keflavik Intl. KEF. Cheapest option available. Average driving time to city center is 45 minutes. Flights from $562
KEF
Keflavik Intl.
Cheapest
Average driving time to city center45 min
Flights from $562
Flights from Madrid (MAD) to Reykjavik (KEF)
Origin airport
Adolfo Suárez Madrid-Barajas
Destination airport
Keflavik Intl.
Airlines serving
Air France, Austrian Airlines, British Airways, Finnair, Fly Play, Iberia, KLM, LOT-Polish Airlines, Lufthansa, Norwegian Air Shuttle, Scandinavian Airlines, Swiss International Air Lines, World Ticket Ltd
Roundtrip price
$187
Distance
1798 mi
Average flight time
2 hours 27 mins

Madrid to Reykjavik Flights

The cheapest times to fly from Madrid to Reykjavik

On average, Thursday can be the cheapest time to fly, according to data from the Airlines Reporting Corporation (ARC), one of the world's biggest databases for global airline sales. The data reveals that you could save up to 16% by flying on a Thursday—the cheapest day to travel on average—instead of a Sunday—the most expensive. Some of the most affordable flights from Madrid to Reykjavik are during the month of September. You can find some of the cheapest flights from Madrid to Reykjavik with Expedia's search tool and vast selection of airlines.

 

The best time to book a flight from Madrid to Reykjavik

Sunday is one of the best days to book for cheap flights from Madrid to Reykjavik: Tickets reserved on a Sunday cost between 6% and 13% less than those reserved on a Friday, according to ARC data. The data also suggests booking early can also lead to cheaper airfares. You could save 24% by buying your tickets for domestic flights at least a month in advance and 10% by booking international flights 2 months in advance.

 

How to find cheap round-trip tickets from Madrid to Reykjavik

Being flexible with your dates and using Expedia's Price Drop Protection and Price Tracking features are some of the best ways of finding a cheap ticket from Madrid to Reykjavik in 2025. You can also book with separate airlines for your outbound and return journeys, from $97 one-way. Expedia also offers Price Drop Protection, so if the cost of your airfare goes down after booking, you'll receive a credit for the difference*. This is available for a small fee, and is free to One Key Gold and Platinum tier members.

 

Expedia's Price Tracking feature means you can stay on top of airfares without manually checking every day. It sends you automated price alerts for cheap Madrid to Reykjavik flights and uses historical data to indicate when the best time to book is. Download Expedia's free app to activate this handy tool in a few easy taps.

 

You could also save big by booking one of Expedia's vacation packages. Bundling together your Madrid to Reykjavik airfare with your accommodations and car rental is often cheaper than booking everything separately. There’s also One Key, Expedia's generous rewards program. Join for free and you could earn One Key cash on most bookings to save on future adventures.

 

*Terms apply.

 

Disclaimer: ARC The statistics are based on average round-trip ticket prices between January and August 2023. The percentages you see are averages.

 

Frequently asked questions

How much does a flight from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF) cost?
Get a cheap one-way flight from $97 or cheap return flight from $187 from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF) with Expedia. Enter your travel dates and sort by "Price (lowest to highest)" to find our cheapest flight deals on this route.
What is the cheapest month to fly from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
The cheapest month to fly from MAD to KEF is September, when demand is low. Off-peak season is usually when airlines offer lower prices between these airports.
Which airlines fly direct from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
When heading out of Adolfo Suarez Madrid-Barajas Airport (MAD), you can jump on a direct flight to Keflavik Intl. Airport (KEF) with Fly Play.
What is the cheapest airline that flies from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
Use the filters on Expedia to compare airlines and find the cheapest carrier that'll fly you from MAD to KEF. Then, sort your results by "Price (lowest to highest)" to pick up a good deal.
How many flights per day from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
On average, you can choose from 2 direct flights per week from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF). To broaden your travel options, consider a flight with a layover. Just enter your details on Expedia and then filter your search to show one stop or more.
What are the most popular departure times for flights from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
The 10 PM departures from MAD to KEF see the highest demand. They can also be more expensive. If you want to save on your fare, choose a less crowded time to fly.
What day of the week has the most flights from MAD to KEF?
Monday has the most flights from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF). Consider jetting off on this day and you'll have the best chance of finding a schedule that works for you.
What is the earliest flight from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
Adolfo Suarez Madrid-Barajas Airport (MAD)'s earliest flight to Keflavik Intl. Airport (KEF) is at approximately 10:15PM UTC+1. With a travel time of 4h 35m, you'll arrive at around 1:50AM UTC+0.
How long does it take to fly from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
The average flight time from MAD to KEF is 4 hours and 35 minutes, covering a total distance of 1,800 mi.
What airline has the least delays from MAD to KEF?
Icelandair has the best performance for on-time direct flights from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF), with an on-time score of 81%. Use the Expedia App to see your journey status before you leave and receive notifications about any changes.
What is the best time to fly from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
Choose a flight from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF) that takes off before 3 PM to reduce the risk of delays and cancellations. Departures later than this are on average 22% more likely to be canceled.**Most reliable time of the day and month to travel recommendation is based on January through August 2024 flight status data sourced from OAG's global flight data platform.
What airports do you fly into for Reykjavik from Adolfo Suarez Madrid-Barajas Airport (MAD)?
Check out your flight options from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF). This is the only Reykjavik airport you can arrive at if you're taking a direct flight.
Is it cheaper to buy a plane ticket from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF) last-minute?
Last-minute fares from MAD to KEF are usually more expensive. To lock in the cheapest rates, start searching for flights early. That being said, if you can play around with your travel dates, you may find a cheap ticket right before your journey.
Is it cheaper to book a MAD to KEF flight and hotel package?
Compared with arranging flights and hotels separately, booking a MAD to KEF flight and hotel package with Expedia could lead to significant savings. Better still, having everything in one convenient place will take the stress out of travel planning. Simply secure your flights and select from our extensive range of stays, then tailor your trip with other add-ons like tours, car rentals and activities.
Can I cancel or change the date of my flight from Adolfo Suarez Madrid-Barajas Airport (MAD) to Keflavik Intl. Airport (KEF)?
If you booked your MAD to KEF flight in the last 24 hours, you may be able to modify or cancel it without fees. Depending on the airline and the type of ticket you have, additional charges may apply for changes beyond this timeframe. Airline policies and contact information can be found in your itinerary or confirmation email. Or, visit our Customer Service portal for further details.

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*Available to One Key members.