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If you have booked an Iberia flight and now have to cancel due to unavoidable circumstances, don't panic. That's because airlines promote flexible policies that make travel changes affordable and easy for all passengers. If you are canceling your ticket immediately after booking or at the last minute, it is important to clearly understand Iberia Airlines cancellation policy to avoid confusion.

Iberia Airlines change and cancellation policy:
Keeping the traveler's various necessities and different situations as a top priority, this approach is intended to provide additional benefits and adaptability. We can understand more about it.

If a traveler cancels a booked ticket more than 24 hours or 1 day before the scheduled flight takeoff time, Iberia will not charge a cancellation fee.
In this case, a cancellation fee will be charged to your ticket if you return it within 24 hours of your flight time.
Cancellation reduction amounts may not be the same and depend on travel distance, course, date or other central point.
Flight cancellation is only approved through Iberia Airlines' official website or ticket reservation counter.
After canceling a ticket, the traveler must request a refund application if the ticket is refundable.

Iberia 24 Hour Cancellation Policy
Iberia's 24-hour cancellation policy allows you to cancel your ticket within 24 hours of booking. If a passenger cancels their ticket within 1 day of booking the flight, they will not be charged for 24 hours in accordance with Iberia's cancellation policy. However, after this period you will have to pay a service fee. This is mainly because you are not protected due to the airline's risk-free period.