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Originally Posted by remangiii
Also, it's been my experience that you get a free ticket for enough flight (but maybe that's the norm) and wouldn't you still pay for your ticket if you don't show?
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It's been awhile, but as I recall if you elect to give up your seat so that someone else who would be bumped can instead fly, then the airline may give you a little something as a way of saying thanks.
As to tickets, in most cases the fine print says something to the effect that you can't get a refund within 7 days of the flight. This is why there is trip insurance, so that if something happens to keep you from flying the insurance will cover your loss. But as far as I remember airline gets to keep the fare.