Yes, Alaska Airlines provides refunds for cancellations, but the eligibility depends on the fare type. Refundable tickets are eligible for full refunds, while non-refundable tickets may receive travel credits for future use. Saver Fares do not qualify for refunds or credits after the 24-hour booking window. In the event that Alaska Airlines cancels your flight, you are entitled to a full refund or rebooking on the next available flight at no extra charge.