The Alaska Airlines Cancellation Policy allows free cancellations within 24 hours of booking if made at least a day before departure. While Saver fares are generally non-refundable, Main, First, and Premium class tickets may qualify for a refund or travel credit. Elite Mileage Plan members and those with refundable fares enjoy greater flexibility, often receiving full refunds. Cancellations for tickets booked with travel credits or certificates typically result in future travel credit. To avoid unexpected fees or restrictions, passengers should review the most up-to-date policy before making any changes.