What are the cancellation policies for booked flights?

The cancellation policies for booked flights can vary significantly depending on several factors, including the airline, the fare type, and the specific circumstances surrounding the booking. Many airlines have different tiers of tickets, such as refundable and non-refundable options. Generally, refundable tickets allow travelers to cancel their flights without incurring a penalty, often receiving a full refund, minus any applicable fees. On the other hand, non-refundable tickets usually come with stricter cancellation policies, where a refund may not be available at all, though some airlines will offer a credit for future travel, which may be subject to certain restrictions. In addition, airlines often impose specific timelines within which cancellations must be made to receive refunds or to avoid penalties. For instance, if a cancellation is made within a certain number of hours after the booking is confirmed, customers may be eligible for a full refund. After that window, penalties can apply, such as deducting a fee from the refund amount or only issuing travel credit for future flights. It is also essential to consider that extenuating circumstances, such as flight cancellations initiated by the airline, may allow for more flexibility regarding refunds or rebooking options. For the most accurate and detailed information concerning cancellation policies for specific flights or fares booked through Onthefly.com, it is advisable to consult the website directly, as the policies can change and may differ among airlines. The current web page may contain important updates and relevant information that travelers should be aware of before making any cancellation decisions.