Icelandair operates a single type fleet of Boeing 757 aircraft in its international network. The type fits extremely well with Icelandair‘s route nework. Also, a single-type fleet creates significant cost efficiency in terms of maintenance and training for crew and engineers. The Group invests considerably yearly in its fleet, in order to sustain and improve passengers‘ flight experience.
The Group´s fleet is the largest asset in the balance sheet and the core operating resource. The fleet consists currently of 37 aircraft, 21 aircraft are own aircraft and 16 are leased aircraft.

| Aircraft type | | | | | |
| B757 200 | | | | | |
| B757 300 | | | | | |
| B767 300 | | | | | |
| Fokker F-50 | | | | | |
| Dash 8-200 | | | | | |
| A320 | | | | | |
| Total | | | | | |