Mod Note: Posts #1 - #11 originally in this thread. Given that the delay repay schemes give refunds based on the cost of the ticket actually purchased, however often some (including the TOCs) pretend it is, it certainly isn't a compensation payment. Clue: the name of the schemes is Delay Repay, which is why payment is a refund, related to the amount paid in the first case. EU261 is a compensation scheme where the payment is related to the delay and the distance travelled to compensate and assist for the inconvenience or delay incurred by a typical passenger. That's why cheapskate low-cost carriers don't like it because they have to compensate the passenger for the passenger's loss, not the fare paid.