Alaska Airlines has a cancellation policy that outlines the rules and fees associated with a flight reservation. Please note that airline policies can change, so it's essential to check the most up-to-date information on their official website or contact their customer service for specific details. As of my last knowledge update in September 2021, here are some key points about Alaska Airlines' cancellation policy:

24-Hour Risk-Free Cancellation: Alaska Airlines Cancellation Policy offers a 24-hour risk-free cancellation policy. This means that if you book a flight and need to cancel it within 24 hours of booking, you can do so without incurring any cancellation fees, regardless of the fare type.

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• Non-Refundable Tickets: If you cancel a non-refundable ticket after the 24-hour window, you won't receive a refund, but you may be eligible for a credit voucher that can be used for future travel. The voucher's value will typically be equal to the base fare and any prepaid fees, minus any cancellation fee.