How Far Can You Claim Back For A Flight Delay?

Nobody wants start to their journey with a flight delay especially if it interferes with an important business meeting, special occasion or a holiday. But sometimes this may happen. But have you ever thought these delays can also gain many profits for yourself? According to the EU regulation 261/2004 you can claim back money for delayed flights. It is good to know the exact rules and regulations to Claim Back Compensation from the particular airlines.

The law entitles you to claim back your money if the airlines don’t depart at the scheduled time from the airport and if a delay causes you to arrive in excess of three hours at your scheduled arrival time. The amount that can be claimed back varies depending on what criteria is met. This is based on the flight distance in kilometres to the length of delay of over 3 hours. The European court has passed an amendment, according to which passengers who have arrived their respective destination three or more hours late can rightfully demand compensation.

The law doesn’t support each and everyone who comes up with a claim. The person who wishesto get refunds has to show valid evidence and produce enough proof matching all the criteria which enables one to claim back money. If the criteria’s are found to be attached then only one gets to Claim Back for Delayed Flights.

What are the criteria?

• European State flights are only eligible for paying compensation. A person can only claim for delayed flights if he is leaving or arriving at aEuropean airport. So if your flight is between London and Paris. OrParis to London, you can claim money if you are travelling through European flights not on any other airline companies.

• Delays that have taken place before the year 2005 aren’t eligible. So one must claim for those delays which have happenedin year 2005 or later and taking off from an EU country not including the UK as it has to be within 6 years from the date of your delayed flight.

• The tenure of delay must be three hours or more than that to be eligible for a claim. If delay is not delayed in excess of three hours, thenaclaim will cannot proceed.

• In case of connecting flights, number of hours delayed is counted reaching the final destination. Like if you fly to a destination A via destination B, if destination A flight departed 2 hours late and causedyou to miss andon-time connecting flight to destination A. You will be eligible to demand. But if you have booked tickets separately, then you will not be able to claim any money.

• It has to be the fault of the airline. Like a mechanical problem, staff problems, overbooking, or any hazard which is totally the fault of the airline company. The Flight Delay Refunds is not countable when delay is causeddue to some other reason other than airlines fault. Like for example:

1. Political tension
2. Bad weather
3. Security of passengers
4. Flight safety complications
5. National strikes
6. Air traffic decision

The compensation is a certain fixed amount, totally regardless of actual flight cost. Currency used for the delay amount is euro theamount depends on hours of delay and distance one has travelled.

How to claim?

It helps if you have all the copies of tickets thatare booked. Keep records of all necessary bills and cash memo that used during the delayed time. Like for example the hotel bills, transport cost, etc. The better you prepare yourself, chances of gaining refunds from airline companies increases. Gather all relevant information that will help you wina claim, like flight number, scheduled departure and arrival times and airline.
Thus, after having gained every knowledge about Claim Back Flight Delays we at Blueway Limited can easily start claiming your rightful amount of money that you are rightfully owed on your behalf for you.

How Crowdfunding CAN prevent the next GFC — Part 1

In order to make this claim that Crowdfunding can really prevent a future GFC one needs to first understand what exactly happened in the last GFC. The origins of what Australians call as the Global Financial Crisis lie in the US housing market. Btw in America we don’t call it the GFC, for the longest time after coming here I was wondering if GFC was an Aussie variant of my beloved KFC but I eventually caught on.

The basics of any financial problem are when you peel it to its very core very simple. People buy things which they cannot afford to pay for, for a while the “make believe” world holds up. Then the music eventually stops bringing everything crashing down.

Spurred by low interest rates and loose financial regulations lenders in the US started encouraging people to borrow and invest in a home. And what can be safer than investing in a house? After all it is the great American dream to own a home. House prices historically had generally never fallen. The population keeps increasing, land stays the same, price of a home will always go up, that was the general theory. And it did seem to hold up.

The supply of money for lending for a safe asset such as a home just was boundless. And the government was in on it. In order to promote the dream of home ownership, the US federal govt essentially backed the home loan applications of people who were considered not worthy to purchase and support a large home loan. Once the full might and splendour of the state was behind these applications suddenly these so called “sub-prime” mortgages were rich pickings.

They offered strong interest rates, and were backed by a safe asset and a government guarantee. Most ratings agencies gave them great ratings. Those who did not risked loosing their clients as the financiers threatened to refrain from using their services. Interesting how that works, an analogy would be if your test scores in college were low you can threaten to stop going to college thus reducing tuition fee intake for the college and threatening the professors pay. The professor ends up giving everyone an A.

I wish I was this smart in my college.

What followed was even more fun, bundlers started pooling together these mortgages and then chopping them into small units that could be traded and on sold to further financiers. And then people like AIG got on the game. They basically said if it is good enough for the government, it is good enough for us. They insured these contracts against a risk of failure. It was easy money and a big game of pass the parcel, the parcel here being the seemingly safe and always rising in value houses. These were the now infamous sub prime mortgage backed securities.

At one point things got so out of hand that people could get a house with no money down, defer paying mortgage for a few months and then sellout and pocket the increased value of the home. In Economics 101 there is a saying, “There is no such thing as a free lunch”. This for those who were in on the game was as close to getting a free lunch.

People with no possibility or hope of being ever able to repay a loan were getting loans to buy homes which were way out of their league. The great free market had concocted a system where pieces of garbage were chopped, and then bundled together and repackaged and then sold to others who then onsold it to others. The parcel kept changing hands, the only question was when would someone open the whole thing up and find that behind all this great packaging, all that was in there was pieces of rotten garbage.

Sojourn through Europe on River Cruises for Better Holidaying Experience

Modern day travellers seeking a break from daily life and who want to spend some time in tranquillity love to go cruising. Cruise ships offer a home away from home ambience, whilst providing the opulence and services of luxury hotels. And if you are also planning to go for cruise holidays and are confused which cruise tour package to take, check the packages offered for river cruises.

A river cruise takes its passengers right to a heart of a country and hence offers a more comprehensive tour than maybe an ocean cruise tour would, as it takes passengers through countries. With a number of itineraries to choose from and the option for customization, there’s no need to compromise on your choices. Mentioned below are the two best river cruises of Europe offering the ultimate cruising holiday experience.

Danube River Cruises: The Danube is the longest river in the European Union. Originating in the town of Donaueschinge, Germany, it passes through capitals of four Central European countries and touches the border of ten countries. There are number of tourist and natural spots that tourists would get to see while cruising on Danube.

Notable tourist spots along Danube River:

Danube Banks in Budapest: They are a part of UNESCO World Heritage Sites.
Wachau Valley and Donau-Auen National Park in Austria
Gemenc in Hungary
Naturpark Obere Danau in Germany
Kopacki Rit in Croatia
Iron Gate in Romania & Serbia
Danube Delta in Romania
Srebarna Nature Reserve in Bulgaria
Sea Cloud Cruises, AMA Waterways and Viking River Cruises operate luxury river cruises along the Danube.

Rhine Cruises: A luxury river cruise on the Rhine is the best choice for those looking for an exquisite holiday in Europe. Originating in Alps, Switzerland, the river Rhine flows through four countries, namely, Germany, France, Netherlands and Luxemburg, before flowing into the North Sea. Though there are a number of notable tourist spots to visit in Swiss and Dutch cities during a Rhine river cruise, the most enthralling segment of a Rhine river cruise is the tour of The Middle Rhine in Germany. Known as Rhine Gorge, it is a home to spectacular landscape, fascinating castles and picturesque wineries.

Major Ports of Call on the Rhine include Cologne, Koblenz, Strasbourg, Heidelberg and Speyer. Cologne is among the most famous Rhine cruise destinations. It is widely known for its splendid cathedral, the Dom. Dom is an architectural gem and is a World Heritage Site too. Other attractions at Cologne include Hohenzollern Bridge, St Martin’s Church and The Botanical Gardens. With a history of over 2000 years, Koblenz is home to a magnificent Festung Ehrenbreitstein and some other historic sites. Deutshes Mark is the place where the two rivers, Rhine and Mosselle, meet. Similarly, Strasbourg, Heidelberg and Speyer also boast natural spots as well as artistic and historic sites.

Luxury River Cruises in Europe are no less than floating five star hotels. They offer the best of modern day comforts and ultra-modern amenities so that their guests can enjoy each moment on the ship.