Icelandair has announced that will be reducing its fuel surcharge due to the fluctuating fuel prices, effective immediately.
The fuel surcharge from the US to Iceland will now be $80 USD OW and from the US to Europe will be $133 USD OW.
The fuel surcharge from Canada to Iceland will now be $83 CAD OW and from Canada to Europe will be $138 CAD OW.
Source: Icelandair