If you cancel a flight booked with a Southwest Companion Pass in 2026, the process involves two separate steps because the bookings are technically linked but separate. First, you must cancel the Companion's reservation before you can cancel the primary traveler's flight. If you cancel at least 10 minutes before departure, the taxes and fees paid for the Companion (typically $5.60 each way for domestic flights) will be refunded to the original form of payment or held as a flight credit for future use by the Companion. For the primary traveler, the outcome depends on the fare type: "Wanna Get Away" fares will be held as a non-expiring flight credit, while "Anytime" or "Business Select" fares can be refunded to the original payment method. If the primary flight was booked using Rapid Rewards points, those points are returned to the account holder's balance. It is critical to follow the 10-minute rule; failing to cancel in time may result in a "no-show" status, where both the primary fare and the companion taxes are forfeited. The Companion Pass itself remains active and can be used to book a new flight immediately, provided the primary traveler makes a new reservation first.