FI
🇮🇸 IcelandIndependentFSC/LCC HybridNorth Atlantic Hub

Icelandair

Icelandair — connecting the Atlantic via its Reykjavík hub, built around transit connections.

¥21.5M
Capt. Avg (pre-tax)
¥12M
FO Avg (pre-tax)
~50
Fleet Size
50+
Destinations
Overview

About Icelandair

Icelandair is a carrier that has carved out a distinctive position on transatlantic routes between North America and Europe, using Reykjavík–Keflavík as its hub. Its product is uniquely designed around free stopovers in Iceland as a connecting point. Its fleet is centered on the B737 MAX. The airline is independent (not a member of any alliance). Iceland has a high cost of living and high income tax, but its rich natural environment makes it a popular place to live.

Headquarters
Reykjavík (Iceland)
Hub
Keflavík International Airport (KEF)
Alliance
None (independent)
Founded
1937
Fleet Size
~50 aircraft
Income Tax
Yes (up to 46.3%)
Salary Data

Pilot Salary (as of March 2026)

* Figures are reference values based on public data and industry benchmarks. Verify actual compensation with each airline's official recruitment information.

PositionSalary RangeAvg / ReferenceNotes
Captain
International widebody
¥17.2M–¥26M
¥21.5M Pre-tax
First Officer
Seniority-based
¥9.5M–¥15.5M
¥12M Seniority-based

Pilot pay is denominated in USD/EUR (with ISK conversion applied) and follows a seniority-based scale. Iceland's income tax reaches up to 46.3%, and the cost of living is high, so factor this into any comparison.

Career Ladder

Pay by Seniority

Modeled from the captain / first-officer ranges above, sliced into standard career stages. Bands marked est. are derived from those ranges (not official); verified bands come from active-pilot data. Management pay is crowd-sourced from verified pilots.

Career StageYearsAnnual (pre-tax)Source
Cadet / Trainee≤2 yrs
¥3M–¥4.8M
est.
First Officer — Junior3–5 yrs
¥9.5M–¥12.2M
est.
First Officer — Mid6–10 yrs
¥11.2M–¥13.8M
est.
First Officer — Senior11–15 yrs
¥12.8M–¥15.5M
est.
Captain — New15–18 yrs
¥17.2M–¥21.2M
est.
Captain — Mid19–24 yrs
¥19.7M–¥23.5M
est.
Senior Captain25+ yrs
¥22M–¥26M
est.
Management / Instructor / ExaminerData wantedcrowd-sourced
Operations

Routes & Fleet

Routes

Transatlantic routes are the core of the network, connecting North America (New York, Boston, Chicago, etc.) and Europe (London, Copenhagen, Frankfurt, etc.) from the Keflavík hub.

Fleet

Boeing 737 MAX 8/9 and B767-300ER. About 50 aircraft.

Training

Training & Checkrides

Type Rating Training (EASA-approved; note cost-sharing)

Conducted at an EASA-approved ATO. At LCCs, some contract arrangements require the pilot to bear part or all of the type-rating training cost. Confirm the details.

LIFUS

After obtaining the type rating, line training is flown with an instructor captain on board. LCCs with many short-haul routes let you build up legs relatively quickly.

Recurrent Checks (OPC/LPC)

Checks are conducted one to two times a year in line with EASA standards. LCCs are held to equivalent safety standards.

Upgrade

FO-to-Captain upgrade typically requires a minimum of 4,000–5,000 flight hours or more as a guideline. LCCs can offer more frequent upgrade opportunities.

Benefits

Benefits & Perks

✈️
Staff Travel Discounts

Discounted or free travel on the airline's own flights. Often extends to group and partner carriers.

🏥
Health Insurance

Basic health insurance (in Europe, combined with EHIC / public healthcare systems).

📈
Productivity Bonus

Duty pay or productivity bonuses, frequently linked to flight hours and number of legs.

📅
Paid Leave

A minimum of 20 days or more under EU directives, in compliance with each country's laws.

🏠
Base City Allowance

A duty allowance for working out of a chosen base city (London, Madrid, etc.).

🌋
Iceland's Natural Environment

One of the world's premier lifestyle environments, surrounded by the northern lights, hot springs, and vast nature. The variety of flying during the tourist season is another draw.

Job Openings

Recruitment Info (as of March 2026)

Hiring status: Recruiting on an ongoing basis. Open to holders of an EASA ATPL.

Captain / First Officer (Ongoing Recruitment)
Flying transatlantic routes. Keflavík-based.
Recruiting
License: EASA ATPL (Samgöngustofa-approved)
English: ICAO Level 4 or above
Min. Flight Hours: Captain 4,500 hrs or more (guideline)
Type Rating: B737 MAX / B767 preferred

English is widely spoken (as across the Nordic region), making it an easy environment for Japanese pilots to live in. Getting used to the winter darkness takes some adjustment.

Comparison

Icelandair vs Japan Majors

AirlineCaptain (range)First OfficerIncome Tax
Icelandair 🇮🇸¥17.2M–¥26M¥9.5M–¥15.5MIncome tax applies
ANA 🇯🇵¥22M–¥35M¥14M–¥21M~33% (Japan)
JAL 🇯🇵¥22M–¥35M¥14M–¥21M~33% (Japan)

* Salary figures are SSOT reference values (pre-tax unless marked tax-free). ANA / JAL shown as the Japan baseline — ~33% income tax applies in Japan, so after-tax take-home is lower than the headline. Tax-free carriers pay 100% take-home. Verify exact figures with each airline.

FAQ

Frequently Asked Questions

What is Icelandair captain salary in 2026?

Icelandair captain pay averages about ¥21.5M per year (range ¥17.2M–¥26M), pre-tax. Figures are reference values based on public data and industry benchmarks.

What is Icelandair first officer salary?

Icelandair first officer pay averages about ¥12M per year (range ¥9.5M–¥15.5M), pre-tax, rising with seniority — see the Career Ladder above for the year-by-year breakdown.

What are the requirements to become a Icelandair pilot?

Captain / First Officer (Ongoing Recruitment) — Flying transatlantic routes. Keflavík-based.. Key requirements — License: EASA ATPL (Samgöngustofa-approved); English: ICAO Level 4 or above; Min. Flight Hours: Captain 4,500 hrs or more (guideline); Type Rating: B737 MAX / B767 preferred. English is widely spoken (as across the Nordic region), making it an easy environment for Japanese pilots to live in. Getting used to the winter darkness takes some adjustment.

How does Icelandair pay compare to ANA or JAL?

Icelandair captains average ¥21.5M, versus roughly ¥27M at ANA / JAL. Both figures are pre-tax; Japan applies ~33% income tax.