Icelandair would like to achieve US $ 21 million with the sale of three Boeing 757s, which will shortly be withdrawn from their previous use in passenger service and converted into cargo aircraft. This makes it possible to divest the aircraft higher than the current book value. According to information from the airline, there are two machines built in 1994 and one in 2000. Whether the Boeing 757-200 winglets known as “Hekla Aurora” is located is open.

Icelandair was also badly hit by the coronavirus pandemic, but will continue the gradual conversion to the Boeing 737-MAX8 model, in addition to the downsizing that has already begun. According to the company's management, Icelandair is considering purchasing an Airbus product for their longer medium-haul routes: “We consider the A321XLR to be a good replacement for the B757 from 2025, especially since this type is an optimal addition to our fleet between the B737-MAX and ours B767-300ER would be ”. However, a definitive decision has not yet been made.