Korean Air cancellation policy allows passengers to cancel their reservation up to 4 hours before the departure time. However, if the reservation is cancelled after 24 hours of booking, a certain fee may be charged by the airline. The cancellation process can be influenced by various factors such as the duration of the reservation, the destination, and the cost of the trip. Similar to Volaris’ policy, Korean Air also prohibits the transfer of tickets to another person. If a passenger cancels their reservation and books a new flight that is priced higher, they may be required to pay the difference. In certain emergency situations, a passenger can cancel their reservation without any charges, and the payment is fully refundable by the airline. Refunds issued by Korean Air may be applied to the following year and can be used for additional services required by the airline. Please note that this is a general summary and the exact details may vary. For the most accurate information, it’s always best to check directly with Korean Air.