Does Southwest offer compensation for postponed or canceled flights? The Southwest delay compensation policy states that you must be able to adhere to it in order to be eligible for reimbursement. In the event that your flight is delayed, you have the option to change or cancel your reservation. In the event that your flight is delayed and your ticket is refundable, you may receive a full refund; if not, you will receive a flight credit that can be applied to a future trip.
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