It's the busiest travel time of the year. Whether you're flying now or in the near future, you have a few--though not many--rights to be aware of. Here's what you need to know about delays, cancellations and baggage issues.

If a domestic flight is delayed for three hours or more, or six hours internationally, passengers are entitled to a full refund only if they choose not to travel. The same applies if a flight is canceled and not rebooked.

Compensation is possible if a passenger is bumped from an overbooked flight. That's really the only scenario in which a traveler can expect to get paid for a travel headache.

While airlines may offer meal vouchers or hotel stays during extended waits at the airport, these are not guaranteed. Travelers can check individual airlines' policies on the

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