As a traveler, I've often wondered if it's possible to cancel a basic economy ticket on American Airlines. After doing some research, I found out that basic economy fares are non-refundable and non-changeable. However, if you made the booking within the last 24 hours and your scheduled departure is at least two days away, you may be eligible for a full refund. Additionally, in certain situations like illness or a death in the family, American Airlines might offer a refund or waiver with proper documentation. It's always important to consider your travel plans and flexibility before purchasing a basic economy ticket.