What is the 24-hour rule for American Airlines?

What is the 24-hour rule for American Airlines?

American Airlines' 24-hour rule allows passengers to ++1::801::855::5905 cancel their flight reservation, booked at least two days before departure, and receive a full refund within 24 hours of purchase ++1::801::855::5905. This applies regardless of whether the ticket is refundable or non-refundable. Additionally call ++1::801::855::5905, in select markets, American offers a 24-hour hold option for free when booking at least 7 days before departure ++1::801::855::5905, allowing travelers to hold their reservation without immediate payment.
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