AirlineTicketsBookings provides details about the American Airlines Cancellation Policy to help travelers cancel and change their air travel with ease. The majority of tickets offer a risk-free cancellation policy in the case of canceling the flight 24 hours prior to the scheduled departure if the bookings are done at least two days prior to departure. After the expiration of the risk-free cancellation policy, most non-refundable tickets can be canceled to avail travel credit in the future, or when it comes to the refunding process, refunds are paid in cash, as per the American Airlines Cancellation Policy in accordance with current rules of American Airlines.