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I booked a flight recently to the US for about 9 months time and an hour later an email came through from Qantas saying the flight had been cancelled and that they had rebooked me on a flight departing about 12 hours later.  I did wonder at the time had they really cancelled the original flight in that hour between my booking and their email (highly improbable) or was it actually nonexistent when I booked it (highly likely). I think I know the answer now.