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

Return flights

04 Feb - 08 Feb	easyJet
09 Feb - 13 Feb	Fly Play	direct
09 Feb - 12 Feb	Ryanair
27 Feb - 06 Mar	easyJet
09 Feb - 16 Feb	Fly Play	direct
02 Feb - 06 Feb	Fly Play	direct
02 Feb - 06 Mar	Fly Play	direct
27 Feb - 16 Mar	easyJet
02 Feb - 09 Feb	Ryanair
26 Feb - 02 Mar	easyJet
01 Feb - 09 Feb	Ryanair
06 Feb - 10 Feb	easyJet
06 Feb - 09 Feb	easyJet
27 Feb - 08 Mar	easyJet
01 Feb - 08 Feb	easyJet
27 Feb - 06 Mar	Fly Play	direct
28 Feb - 06 Mar	easyJet
27 Feb - 16 Mar	Fly Play	direct
28 Feb - 08 Mar	easyJet

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 $208

Return flights