American Airlines has a cancellation policy that allows passengers to cancel their flight for free if done within 24 hours of booking, as long as the flight was booked at least 2 days before departure. After the 24-hour window, the cancellation fees depend on the type of ticket purchased. Basic Economy tickets are typically non-refundable and cannot be changed, while Main Cabin, Premium Economy, and Business Class tickets may allow cancellations for a fee or offer travel credit for future use.  

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