IB vs FI · 2026 comparison

Iberia vs Icelandair

Iberia wins on a bigger carry-on; Icelandair wins on a carry-on on its cheapest fare. Here's how they compare on bags, fees, comfort, reliability and loyalty.

Verified Oct 17, 2026By Steven MoHow we check Report a correction

Iberia

IB

Wins 1 category

  • A bigger carry-on

Icelandair

FI

Wins 1 category

  • A carry-on on its cheapest fare

Quick verdict

Iberia wins on a bigger carry-on; Icelandair wins on a carry-on on its cheapest fare. Check the cheapest fare's bag rules before you compare prices.

Carry-on size
Iberia: 56 × 40 × 25 cm · Icelandair: 55 × 40 × 20 cm
Carry-on on the cheapest fare
Iberia: Not on some basic fares · Icelandair: Included on every fare
First checked bag (regular economy)
Iberia: 1 free bag · Icelandair: 1 free bag

Side by side

IberiaIcelandair
Bags
Carry-on size56 × 40 × 25 cm55 × 40 × 20 cm
Carry-on on the cheapest fareNot on some basic faresIncluded on every fare
Carry-on weight limit10 kg (22 lb)10 kg (22 lb)
Personal item40 × 30 × 15 cm40 × 30 × 15 cm
First checked bag (regular economy)1 free bag1 free bag
Network
AllianceoneworldNone
Loyalty programIberia ClubSaga Club
Main hubsMADKEF

Highlighted values are better for travelers. Fees are for U.S. domestic economy flights; on-time data is 2025 U.S. DOT figures for each airline's own flights.

Bags and fees

Iberia allows a carry-on up to 56 × 40 × 25 cm (22 × 15.7 × 9.8 in), and Icelandair up to 55 × 40 × 20 cm (21.7 × 15.7 × 7.9 in), so Iberia's is roomier.

Iberia's Basic can be personal-item only, while Icelandair includes it on every fare.

Carry-on weight limits: 10 kg (22 lb) on Iberia, 10 kg (22 lb) on Icelandair.

Personal items: 40 × 30 × 15 cm (15.7 × 11.8 × 5.9 in) on Iberia, and 40 × 30 × 15 cm (15.7 × 11.8 × 5.9 in) on Icelandair.

Iberia includes one bag with Optima on flights between the U.S. and Spain, and Icelandair includes one bag with Economy Standard on flights between the U.S. and Iceland.

Basic economy

Iberia (Basic): Long-haul Basic fares include a carry-on; on European routes, check your fare.

Icelandair (Economy Light): Economy Light includes a carry-on and a personal item, but no checked bag.

Loyalty and where they fly

Iberia is in oneworld and Icelandair is not in an alliance.

Loyalty programs: Iberia Club (Iberia) and Saga Club (Icelandair).

Iberia's main hubs are Madrid (MAD). Icelandair's are Reykjavík (KEF). The best choice often comes down to which airline flies nonstop from your airport.

Which should you book?

Choose Iberia if you want…

  • a bigger carry-on
  • to earn and use oneworld miles and status
  • nonstops from MAD

Choose Icelandair if you want…

  • a carry-on on its cheapest fare
  • nonstops from KEF

On a route both fly, the cheaper ticket isn't always the cheaper trip: add the bags you'll actually bring, and check the fare rules before you book.

Iberia vs Icelandair FAQ

It depends on what matters most to you. Iberia wins on a bigger carry-on; Icelandair wins on a carry-on on its cheapest fare. If they fly the same route, compare the total price with bags included.

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