LATAM Airlines has a 24-hour cancellation rule that allows passengers to cancel their flight bookings without penalty if specific conditions are met. The rule applies only when the booking is made directly through LATAM’s official channels such as their website, app, or customer service. The cancellation must occur within 24 hours of the booking and the booking must have been made at least seven days before the scheduled departure date. If these conditions are satisfied, passengers can receive a full refund to the original form of payment regardless of the fare type, including non-refundable tickets. However, if the ticket was purchased through a third-party travel agency or external platform, this 24-hour rule may not apply, and the third party’s cancellation policies will govern. After the 24-hour window expires, LATAM’s regular cancellation policies take effect, which vary depending on the fare purchased. Typically, non-refundable tickets cannot be refunded except for applicable taxes and fees unless the airline cancels the flight. Refunds after this period may involve cancellation fees or travel credits depending on the fare conditions. Passengers should carefully review the fare rules at the time of booking to understand their cancellation and refund options. In conclusion, LATAM’s 24-hour cancellation rule offers travelers a brief window to cancel and receive a full refund without penalties when booked directly through LATAM at least seven days before departure, while cancellations outside this window are subject to the ticket’s fare conditions.