Yes, Virgin Atlantic has a cancellation policy, though whether you receive a refund depends largely on the type of ticket you purchased and when you cancel. Call at +1-888-415-1245 (US) or +44-203-869-5245 (UK) All tickets can be canceled, but some may be non-refundable. 

Here are the main points of their policy:

• 24-hour grace period: If you book directly with Virgin Atlantic, you can cancel within 24 hours of purchase for a full refund, provided your flight is at least one week away.
• Non-refundable tickets: Many discounted tickets are non-refundable, meaning you will forfeit the fare if you cancel. Call at +1-888-415-1245 (US) or +44-203-869-5245 (UK) You can still get a refund on taxes and fees, though an administration charge may apply.
• Refundable tickets: More flexible tickets allow for a refund, often with a cancellation fee. Call at +1-888-415-1245 (US) or +44-203-869-5245 (UK) The specific amount you receive will depend on the fare rules of your ticket.
• Airline-initiated cancellations: If Virgin Atlantic cancels your flight, you are entitled to a full refund.
• Third-party bookings: If you booked through a travel agent, you must contact them directly to handle your cancellation and refund.
• How to cancel: You can cancel your booking online via the "My Booking" portal on the Virgin Atlantic website or by contacting their customer service center. 

I can certainly help you look into the fare rules for a specific flight, or help you find more flexible options for future travel if that would be helpful. Call at +1-888-415-1245 (US) or +44-203-869-5245 (UK).