Air India, Icelandair Ink Codeshare Agreement

DELHI — The flagship carriers of Iceland and India have agreed to a new codeshare agreement. Air India (AI) and Icelandair (FI) today announced a new codeshare partnership that will significantly boost connectivity between the two countries. The airlines say the agreement will also offer seamless travel options across 15 routes in India and Europe.

Air India says that the strategic partnership “will strengthen travel and trade ties between India and Iceland, offering passengers greater flexibility and choice while ensuring a seamless travel experience with convenient connection times, unified baggage allowances, and enhanced connectivity through major European hub airports.”

The two airlines signed the codeshare agreement at the 81^st IATA AGM in New Delhi.

Under this codeshare agreement, Air India will add its ‘AI’ designator code on Icelandair-operated flights between Reykjavik and London Heathrow (LHR), London Gatwick (LGW), Frankfurt (FRA), Paris (CDG), Amsterdam (AMS), Copenhagen (CPH), Milan (MXP), and Zurich (ZRH). 

Icelandair will add its ‘FI’ designator code on Air India-operated flights between Delhi (DEL) and AMS, CDG, CPH, FRA, LHR; and between Mumbai (BOM) and FRA and LHR.

Campbell Wilson, CEO & Managing Director, Air India, said, “We are happy to embark on this codeshare partnership with Icelandair, which unites two airlines committed to connecting the world. By combining our strengths, we are creating a seamless bridge between India’s vibrant destinations and Iceland’s extraordinary landscapes. This partnership underscores Air India’s ambition to expand our global reach while offering Icelandair’s customers seamless access to India’s diverse destinations.”

“This strategic partnership with Air India marks a significant milestone, opening up exciting new travel opportunities from across our network in North America and Europe to and from India,” said Bogi Nils Bogason, President and CEO of Icelandair. 

“It will connect Iceland to Air India’s extensive network, allowing us to introduce what Iceland has to offer to their customers. We have and will continue to expand our network of partner airlines, focusing on working with airlines like Air India that offer great service and connectivity.”

Codeshare flights will become available upon receipt of regulatory approvals.

Read our key takeaways from the 2025 IATA AGM.