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American Airlines Ditching Confusing 24-Hour Hold Policy For 24-Hour Cancellation Option

Federal airline regulations require that carriers must either give most passengers a 24-hour window to cancel tickets without penalty, or allow travelers to put tickets on hold for 24 hours before being charged the airfare. Of all major U.S. carriers, American Airlines is the only one that doesn’t offer the cancellation option, resulting in costly confusion for some travelers. But AA says it is ditching that policy and will begin offering the 24-hour cancellation window instead. [More]