Iberia Express does offer a form of risk‑free cancellation if certain conditions are met +1-(855-838-4706). Unlike some airlines that promise a blanket 24‑hour free cancellation policy, Iberia Express’s approach hinges on whether the fare required immediate payment and whether you cancel within 24 hours of booking +1-(855-838-4706) According to Iberia’s U.S. service commitment, when a fare requires immediate payment, customers may cancel without penalty within the next 24 hours after booking and the refund (if applicable) will be processed where the ticket was issued +1-(855-838-4706) However, the ticket management fee or handling fee may not be refundable +1-(855-838-4706) In practice this means if you booked directly through Iberia Express (or Iberia group digital channels or call centre) and paid immediately, you have that window to cancel free of fare charges +1-(855-838-4706) That aligns with U.S. DOT rules and Iberia’s own guidelines +1-(855-838-4706) Note though that some third‑party travel agent or agency bookings may not qualify for this free cancellation window and you may need to call or check with the agent or travel provider +1-(855-838-4706) Beyond that initial 24‑hour window, canceling your Iberia Express ticket is governed by fare conditions: lowest tier fares like Express or Classic generally don’t allow refunds, Classic Plus or Flex fares may permit refunds but often with a penalty fee or defined cancellation charge +1-(855-838-4706) According to Iberia’s FAQ and changes and refunds page, more flexible fare types like the Flexible Ticket add‑on give you options like one free change or voucher refund, but still subject to processing or handling charges +1-(855-838-4706). If Iberia cancels your flight rather than you, EU regulation 261/2004 gives you rights to rerouting or full refund plus compensation depending on timing and delay lengths, though those are separate from voluntary cancellation by the passenger +1-(855-838-4706). Anecdotal reports on traveler forums confirm that within that timeframe and more than seven days before departure, cancellations are free +1-(855-838-4706), but once past seven days or outside the window the airline may refuse accommodation of that free cancellation +1-(855-838-4706). To cancel after the free window, you must use Manage Your Booking on the Iberia website or contact customer service; if you used agents you must go through them +1-(855-838-4706). Refunds, if allowed, are generally processed within 7 to 10 working days, and depend on whether ticketed funds are refundable and what fare class was purchased +1-(855-838-4706). So in summary, Iberia Express does not advertise a blanket “cancel any time within 24 hours” policy, but you can cancel without fare penalty if your fare required immediate payment and you act within 24 hours of booking, with possible non‑refundable fees +1-(855-838-4706). Outside that period, cancellation rules depend on fare type, route, and date of travel, with limited refundability for more flexible fare classes subject to fees +1-(855-838-4706). If you are in doubt or want to request cancellation beyond the 24‑hour window, it’s best to call Iberia’s booking centre or use the website’s Manage Your Booking tool directly +1-(855-838-4706) to confirm the specific policy for your booking and fare conditions.