Navigation through Flair Airlines' cancellation process can be pivotal for travelers who want to know about refund options and travel credits. 

Here's a detailed overview of how they work after cancellation:

Cancellation Policy Overview

Flair Airlines has a few policies on cancellations, thus modifying the practice of processing refunds or travel credits.

• 24-hour cancellation window: If you cancel a booking within 24 hours from the date of booking, you will be fully refunded, but only if your flight is more than seven days away. However, this applies only for direct bookings made on Flair's website and not through third-party websites14.
• Beyond 24 Hours: Cancellation If you cancel your flight more than 24 hours after booking, the fees depend on how many days before your scheduled departure date you cancel:
• More than 7 days or more before departure date: The cancellation fee charged for one passenger on one flight is $84 plus applicable taxes, and the rest will be available in the form of travel credit.
• Between 48 hours and 7 days before departure: The fare is $109, including tax, and once again, the balance will be credited as a travel credit.
• 48-hour cancellation policy: Any cancellations or no-shows made within 48 hours after booking time will not attract a refund or credit. No-shows are covered under the strict "No Show, No Refund" policy.

Refunds and Travel Credits

After this cancellation, Flair Airlines processes the refund and travel credits as follows:

• Refund: Once cancellation is determined qualified, as in the 24-hour or Flair-driven example, refunds are returned to the original payment. However, in cases of cancellation due to factors beyond Flair's control, such as bad weather15, they may substitute it with travel credits rather than cash.
• Travel Credits: If you have any cancellation fees or if your cancellation happens outside of your window, you will receive the credit remaining after fees minus your cancellation fees for a full refund. Credit can often be used on subsequent flights with Flair Airlines; do check the terms for any conditions on expiry and use.

How to Cancel Your Flight

A passenger can cancel their flight from Flair Airlines by following the procedures below:

• Online Cancellation: Log on to the Flair Airlines website, log in to your account, check Bookings, click on My Bookings, and click on the booking that you'd like to cancel.
• Call cancellations: You may call Flair's customer service line anytime you want someone to talk with you.
• Airports Cancellation: Go to any ticket counter of Flair at any airport and ask them to cancel your flight.

Conclusion:

Knowing how cancellations are administered by Flair Airlines is very important for clients once they book so they can book in advance. 

Hence, the rate of cancellations, non-refundable fees, full refund, or travel credit shall determine any alteration that one makes regarding the change in travel plans. 

Any alteration in policy should be incorporated either on their website or on Flair's customer lines.