The Alaska Airlines cancellation policy also has an open-ended and simple approach for the passengers. Any flight bookings cancelled within 24 hours after the booking would allow for a full refund if the ticket had been booked at least a day ahead of departure. Otherwise, cancellation will be subject to cancellation charges depending on the fare type. Refundable tickets can be refunded into bank accounts, while non-refundable tickets are given travel credit. For more details, check the homepage of Alaska Airlines on the cancellation policy.