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Old May 30, 2018 | 8:39 pm
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serfty
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You may be able to change your flight if U class (Business award) is available on your new flight.

If that is not available and more than 24 hours before the flight you may be able to cancel the upgrade; but that would incur a 5000 point fee: Frequent Flyer Terms and Conditions | Qantas
Originally Posted by part of 16.1.9
If the Member cancels a confirmed Classic Upgrade Reward more than 24 hours before scheduled departure, the Classic Upgrade Reward may be refunded and will incur a Refund of Unused Classic Upgrade Reward Fee (see the Fee Schedule).
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