Oneworld member Iberia is currently selling discounted business class roundtrips between Madrid and Reykjavík. Tickets in either direction a currently available for as little as €358 (~ISK 50,959).
This fare will still see you placed in an economy class seat, but with a guaranteed empty middle seat, very good catering, 2×23 kg checked begs and more perks like lounge access and priority services.
Our availability calendar highlights all possible flight dates at the lowest price for trips up to 28 days. It will forward you to Iberia with your selected flight dates. If the redirect does not work, you can go to Google Flights and use their links to Iberia’s website.
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These flights are operated by an Iberia Express Airbus A321neo. You won’t notice the difference to a mainline plane in business class.
Search & Book
The fare rules offer no restrictions for these tickets. However, availability is limited to departures in May and June 2025.
Google Flights shows you all available flight dates. We strongly recommend booking these tickets directly on Iberia’s website.
Miles & Points
Tickets are issued in booking class I. You can earn the following miles & points for a roundtrip:
- 5,392 Points on Finnair Plus
- 4,492 Avios + 36 Qpoints on Qatar Privilege Club
- 4,492 AsiaMiles + 50 Club Points on Asia Miles
- 4,492 Award Miles on Royal Air Maroc Safar Flyer
- 4,492 Miles on Royal Jordanian Royal Club
- 4,492 Miles on SriLankan FlySmiLes
- 4,492 Award Miles on LATAM Pass
- 4,492 Miles on Alaska Mileage Plan
- 3,594 Points + 10 Elite Points on Malaysia Airlines Enrich
- 2,516 Miles on Japan Airlines Mileage Bank
- 1,992 Miles on American AAdvantage
- 1,782 Avios + 296 Tier Points on The British Airways Club
- 1,700 Avios + 690 Elite Points on Iberia Plus 2025
- Customize Calculation
Destination
Information & Tips for Iceland
Iceland offers unique natural sights like the Blue Lagoon, the Golden Circle (including Þingvellir National Park, Gullfoss waterfall, and Geysir), and the black sand beaches of Vík. The local currency is the Icelandic króna (ISK), and prices are generally high, especially for food, accommodations, and tours. Weather is unpredictable year-round, with cool summers (around 10–15°C) and cold, windy winters, though major roads and services remain accessible. Travelers should be prepared for sudden weather changes and budget accordingly.
Iceland’s transport infrastructure is limited outside the capital. Within Reykjavík, public buses are the main form of transport, but service can be infrequent, especially evenings and weekends. There are no trains, and intercity travel relies on buses or car rentals, with the latter being the most flexible option. Roads are generally well-maintained, but rural routes can be narrow or gravel, and weather can impact travel conditions year-round.
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Cover Picture: Iceland Shoreline Sunset | Photo by v2osk on Unsplash