Always cancel any flights you decide not to take. Most airlines require you to cancel flights before departure time in order to be able to reuse your ticket later. If you "no-show" your flight you can lose all the value in your ticket. So, pick up the phone and call your travel agent. Late at night or early in the morning you can also call the airline or cancel online.
There are a lot of options when it comes to canceling unused flights. Use them when you need them.
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