Yes, Iberia offers a 24-hour cancellation policy, which allows passengers to cancel their flight bookings without penalties if the cancellation is made within 24 hours of purchase. This policy is particularly useful if you need to adjust your travel plans or made an error while booking. However, keep in mind that this policy applies only if your flight is scheduled at least seven days after the time of booking.
If you miss the 24-hour window, Iberia’s general cancellation policies will apply, and fees may be involved depending on the fare class you purchased. Flexibility increases with higher fare options, allowing you to cancel or change your flight with fewer restrictions. It’s important to review the specific terms of your ticket at the time of purchase, as low-cost or promotional fares may not be refundable after this period.