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How Much Money Will I Lose If I Cancel My Flight?

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How much will I lose if I cancel my flight?

The amount you might lose if you cancel your flight depends on the type of ticket you purchased and the airline's policies. Non-refundable tickets often mean losing the entire fare, while refundable tickets may allow you to get some or all of your money back. Additionally, cancellation fees can apply, which may vary based on how close to the departure date you cancel.

Airline's cancellation policy

The airline's cancellation policy permits you to cancel your ticket and receive a refund without incurring a cancellation fee. In order to qualify for a full refund, however, certain criteria must be met. Before making any changes, it is important to read the airline's cancellation policies carefully. To make things easier for you, the airline’s cancellation policy is outlined below:

  • Travelers who cancel refundable tickets are entitled to receive a full refund for their purchases.
  • To keep their ticket valid, travelers need to notify the airline of any last-minute alterations to their travel plans before their planned departure.
  • The airline's 24-hour policy specifies that if a passenger cancels their booking at least seven days before the scheduled departure and within 24 hours of making the booking, there will be no cancellation fees. In such cases, the airline will provide a complete reimbursement as well.
  • Travelers who opt to cancel their refundable tickets will receive a full refund.
  • According to the Airlines Cancellation Policy, the airline's 24-hour rule is not applicable to tickets purchased with rewards.
  • The airline's 24-hour cancellation policy does not apply to reservations for more than nine people.
  • As per the policy, penalty fees to change or cancel the flight will need to be paid by the travelers who make the changes or cancellations after the twenty-four-hour window.

Different Mediums For Cancelling Tickets

There are several straightforward ways to cancel a flight. Below is a description of the various options for canceling flights:

Cancellation through Website

The easiest way to cancel a ticket is directly through the airline's website. To do this, please follow the process outlined below:

  • Begin by accessing the airline's official website.
  • Now, go to the Manage My Booking section of the website.
  • Once you arrive there, access the booking by providing your details, which include your last name and booking reference number.
  • Once your flight details are shown, click on the cancel my flight option.
  • If you choose to cancel your flight, a confirmation prompt will show up on your screen.
  • Your ticket will be canceled once confirmed, and you will get a confirmation and refund form sent to you via registered mail or phone.
  • If you meet the criteria for reimbursement, fill out the refund form as a final step. 

Ticket Cancel via Phone Call

To cancel your ticket, contact the airline's customer service. Visit the airline's website to locate the official phone number. As soon as you have the number, ring a customer service executive to initiate the process of canceling your flight. 

Be prepared with your personal information and booking reference when speaking to the executive. Once you inform them of your desire to cancel your ticket, they will proceed to cancel it for you. Your ticket will be canceled after the cancellation fee is paid. Finally, you will get a confirmation that your ticket has been canceled. 

Ahead to Airport

Another option is to go directly to the nearest airport and cancel your ticket there. Once, at the airport, go to the airline's help desk counter. Let the help desk customer service representative know that you want to cancel your ticket. Subsequently, he or she will move forward with the cancellation on your behalf and ask for payment of any relevant cancellation fees. After the cancellation is finalized, he or she will fill out the refund form for you if you qualify. 

Airline's Refund Policy

The detailed overview of the airline’s refund policy is mentioned below:

  • If an airline cancels a flight for reasons under its control, passengers are entitled to a full ticket refund without any cancellation fees.
  • Your ticket details (such as the date, fare type, and purchase method) will determine if you are eligible for a refund from the airline.  If you do not qualify for a refund, per the airline's refund policy, you will receive a credit that can be applied to future flights.
  • Non-refundable tickets do not qualify for cash refunds. However, after deducting any relevant cancellation fees, you can obtain an eCredit for the remaining value of your ticket.
  • Any tickets canceled within 24 hours will be refunded to your original payment method, irrespective of the fare type you selected.

Conclusion

The amount you may lose when canceling a flight varies significantly based on your ticket type and the airline's specific policies. Refundable tickets generally allow for a full refund without penalties, while non-refundable tickets might result in losing the entire fare. Knowing the airline's cancellation and refund policies is crucial to minimize potential losses. Always check your options and requirements to ensure you make the most informed decision.

 

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