Malaysia Airlines Cancellation Policy states that passengers can cancel their bookings within 24 hours of purchase for a full refund, provided the booking was made at least 7 days before departure. Beyond this period, cancellation fees are applicable, varying based on the fare type and timing of cancellation. Refunds may also be subject to deductions. It's advisable to review the specific terms and conditions of your booking or contact Malaysia Airlines customer service for accurate and up-to-date information regarding Malaysia Airlines cancellation policy. Keep in mind that policies can change, so it's recommended to verify the latest details before making any travel-related decisions.