The cancellation policy of AirAsia provides flexibility for travelers needing to change or cancel their plans. Depending on the fare type and timing, passengers may be eligible for a refund or travel credit. It's important to review the terms associated with your booking to understand any applicable fees. The AirAsia cancellation policy typically does not allow refunds for non-refundable tickets unless due to special circumstances. However, flights canceled by the airline may qualify for a full refund or alternative options. Travelers are encouraged to use the AirAsia website or mobile app for managing cancellations. Always check the latest cancellation policy before booking to avoid surprises.