How does Lufthansa work for 24 hour flights cancellations?

So, do you want to know the key terms of Lufthansa 24 hour cancellation? If you answered yes, then here are the final details you should be aware of: You can cancel your flight for free within 24 hours of purchasing your ticket, according to airline cancellation policy. However, after the risk-free period has expired, you must pay cancellation penalties.