Virgin Atlantic Airways' cancellation and refund policy varies differently depending upon the ticket fare and cabin class. For more relevant information, check out these points explaining the policy. The tickets in economy class are non-refundable. Hence, it’s best to book a refundable ticket if there might be a chance that you will cancel your flight. If you cancel a non-refundable economy flight after the risk-free duration, then the whole ticket price will be charged as a cancellation fee by the airline.