Air France cancellation policy allows passengers to modify or cancel their flights with certain conditions. Depending on the fare type and timing of cancellation, there may be applicable charges. However, Air France also provides flexibility with options like refundable fares and the ability to change travel dates without penalty fees. Passengers can manage their bookings online through the Air France website or mobile app for added convenience. It's recommended to review the specific terms and conditions associated with the booking to understand the cancellation policy completely.