In 2026, Southwest Airlines remains unique for its flexible ticketing, but the definition of "transferable" depends on the fare class. While you cannot simply change the name on a ticket to someone else's, the Wanna Get Away Plus, Choice Extra, and Choice Preferred fares include a high-value feature called Transferable Flight Credit™. This allows you to transfer the full value of a cancelled flight to another Rapid Rewards member. Both the sender and recipient must have Rapid Rewards accounts, and only one transfer per credit is permitted. For the base "Wanna Get Away" fares, the credit is usually non-transferable and can only be used by the original passenger. If you booked with Rapid Rewards points and cancel, the points simply return to the original owner's account. This system makes Southwest a favorite for 2026 travelers who want the security of knowing their travel funds won't go to waste if their personal plans change unexpectedly.