Icelandair in general is a terrible, highly dishonest company. I have been on flights that they overbooked Saga Class by 5-6 people and yet they refused to provide any compensation in direct violation of EU 261/2004. If anyone is considering booking this joke of a company, make sure to charge it to your AMEX card since AMEX is the only credit card that will have the power to truly withhold the funds from FI in cases like overbooking.