Virgin Australia's cancellation policy may vary depending on factors like ticket type and fare class. Generally, the airline provides a 24-hour window for free cancellations from the time of booking, applicable to reservations made at least seven days before departure. For cancellations beyond the 24-hour period, fees may apply. Specifics on fees and refund eligibility depend on the fare conditions. Passengers are encouraged to review the terms and conditions associated with their booking for accurate details. For the latest information, it's advisable to check Virgin Australia's official website or contact their customer service directly.