AirHint found the following cheapest return flights from Madrid (MAD) to Keflavik (KEF) in February 2026 (see full year).

Return flights

27 Feb - 09 Mar	easyJet
27 Feb - 04 Mar	easyJet
04 Feb - 11 Feb	easyJet
27 Feb - 11 Mar	easyJet
09 Feb - 13 Feb	Fly Play	direct
06 Feb - 13 Feb	Fly Play	direct
27 Feb - 06 Mar	easyJet
20 Feb - 28 Feb	Air Europa
06 Feb - 09 Feb	Fly Play	direct
20 Feb - 24 Feb	Air Europa
27 Feb - 03 Mar	easyJet
18 Feb - 26 Feb	easyJet
04 Feb - 09 Feb	easyJet
25 Feb - 03 Mar	Iberia
02 Feb - 09 Feb	Ryanair
06 Feb - 10 Feb	easyJet
21 Feb - 01 Mar	Iberia
27 Feb - 06 Mar	Fly Play	direct
22 Feb - 01 Mar	Air Europa
14 Feb - 01 Mar	Iberia

Also check the deals for one-way flights from Madrid to Keflavik in February.

The deals are updated regularly. The prices may go up as tickets are purchased by other travellers. Only the cheapest flights are offered. Select a price to book and secure these cheap prices.

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Cheapest return flights from Madrid to Keflavik in February from 150€

Return flights