American Airlines Refund Policy
To Rebook your ticket with a refund of the canceled ticket, you must save the email that will be sent to you at the time of cancellation. The moment you make your next reservation only with American Airlines, you can redeem this fund there. American Airlines has a list of calls waiting for a refund process, so the process of getting your fund back will take a while. It may take about 7 days.
Unfortunately, it is a bit tricky. Unless you cancel your flight within 24 hours of booking, you will not automatically get a refund.
First, you need to cancel your flight so that you no longer have a confirmed seat on the plane. You can do this by calling American or by clicking the "Cancel Trip" button on the AA website.
Thus we are bringing in here the much-awaited detailed cancellation policy for American Airlines. American Airlines has waived off all the change fees that the passengers previously had to pay for making any sort of changes to their air tickets for all the domestic flights and short-haul international flights.

American Airlines cancellation policy and fee
American Airlines cancellation policy varies depending on the type of fare purchased. There are two types of fares, especially in economy class. Basic economics and economics. Please review these points carefully, which provide all the information on both types of rates.
There are times when an airline cancels your flight entirely. This could happen well in advance due to decreased demand or changes in an operator's route network, but it could also happen due to weather or other last minute factors. However, you should also be able to request a cancellation and receive a full refund of what you paid for the ticket.
You may be able to avoid fees when you change or cancel your American flight. Without a travel waiver, it can be difficult to avoid change or cancellation fees on American Airlines flights, but it is possible. Here's a summary of when you might stop paying these additional fees.

How do you change or cancel your American Airlines flight?

Log into your Advantage account.
Navigate to the Your Trips / Check in tab in the middle of the home page.
Click View / Change next to the trip you want to adjust.
Click Change Trip or Cancel Trip at the top.
Follow the onscreen prompts.

If you cancel a paid ticket, be sure to save the email you receive with the six-digit registration locator and the 13-digit ticket number. If you are unable to access your reservation online, you will need to call American and ask about your options for changing or canceling your ticket. If you booked with an OTA or used your credit card points, you will need to contact that provider to process changes or cancellations. This will cost you $ 75 for domestic flights and many short haul international flights, although it does not apply to Executive Platinum and Platinum Pro travelers.

American Airlines' 24-hour cancellation policy applies to all types of airline-promoted airline tickets. Also, you can get a full refund of the purchased flight reservation if you cancel within 24 hours of the reservation date. American Airlines offers refund of ticket amount only in case you need to cancel your flight ticket at least 3 hours before flight departure.
If you bought your ticket on sale, cancellation can only be made within 24 hours of your reservation with a full refund, but after that, you won't be able to get it as tickets on sale are generally non-refundable.
Passengers will not receive a refund if they have purchased a non-refundable American Airlines ticket.
The charges applied will depend on the destination and the exchange rate you are looking for.

Change or cancel a ticket with a travel exemption
Canceling a US ticket that is covered by a travel exemption can often be the easiest and cheapest way to adjust an American Airlines flight. These waivers are generally issued during bad weather, natural disasters, or other conditions in which American Airlines expects to have many serious delays or flight cancellations. There are various aspects to this exemption and it has been updated multiple times since the outbreak became the main news here in the US You can view the full policy.
If you booked tickets before March 1, 2020 and are scheduled to travel on or before May 31, 2020, you can change your tickets once free of charge.
https://www.customerhelplinenow.com/american-airlines-cancellation-and-refund-policy/

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