Does anybody really know that there is a flight compensation regulation called 261/2004 which establishes, under EU law, common rules on compensation and assistance to passengers in the event of denied boarding, flight cancellations, or long delays of flights? Well, there is money in them there hills folks!
Compensation can be between 250 Euros and600 Euros depending on the flight distance and length of the delay. Short delays of two hours get you 250 Euros but a four-hour delay through an overnight will clear a cool 600 Euros, not to mention compensation you can independently retrieve for hotels. This only applies to flights that originate in the EU but it also means that any American carrier is fair game. However, it has to be a non-weather related delay.
For an overnight delay, a mate of mine just pocketed 1,800 Euros plus the cost for the added hotel night. This rule is out there but most people do not know about it or take advantage of it. So, next time you are delayed in Europe, you might want to pray that the delay goes over two hours! The mechanism for retrieval of the money is pretty easy and it’s protected by the solid ruling of the EU. Who said delays were really lousy?