What is the cancellation policy with American Airlines?

American Airlines' cancellation policy allows passengers to cancel their flights depending on the type of ticket purchased. For non-refundable tickets, passengers may not receive a cash refund but can typically apply the value of the ticket as a travel credit for future use, minus a cancellation fee. However, refundable tickets allow for a full refund to the original form of payment if the cancellation is made before the flight's departure.