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BA using bizarre exchange rate to calculate EU delay compensation ? Ideas ?

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Hi all -  We had bad delays and a flight cancellation by BA en route to Cairo on 26th Feb. We have FINALLY had an answer to our claim today and the offer is £998.92 or less than £500 for each of the two of us. BY my calculation in todays exchange rate it should be at least £515 a head? Am I making something ? Thank you.

Comments

  • JGB1955
    JGB1955 Posts: 3,834 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Could it be to do with currency exchange rates?  Or Egypt not being in the EU?
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  • chillibeans
    chillibeans Posts: 13 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    JGB1955 said:
    Could it be to do with currency exchange rates?  Or Egypt not being in the EU?
     No - Agree comp from BA is 600euro equivalent - and also in the forum someone else got 530 £ a head from BA on 5th May ??

  • Caz3121
    Caz3121 Posts: 15,828 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 May 2022 at 10:29AM
    not €600 anymore since Brexit changes
    https://www.moneysavingexpert.com/travel/flight-delays/
    It is now £500 for what was previously €600
    no idea why your offer is £1.08 less
    (depending on whether delay was departing UK or departing outside UK will determine whether EU261 or UK261 applicable)

  • JC1972
    JC1972 Posts: 13 Forumite
    Second Anniversary 10 Posts
    Will be interesting to know when / if BA actually pay that money out to you - we had a EU compensation claim approved & told it had been paid to my UK bank account on 3 May.  Nothing as of today 10 May.  I wonder about how much of a going concern BA is...
  • JPears
    JPears Posts: 5,111 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Caz3121 said:
    not €600 anymore since Brexit changes
    https://www.moneysavingexpert.com/travel/flight-delays/
    It is now £500 for what was previously €600
    no idea why your offer is £1.08 less
    (depending on whether delay was departing UK or departing outside UK will determine whether EU261 or UK261 applicable)


    Interesting. I wasn't aware of the brexit change.
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  • red0209
    red0209 Posts: 125 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    BA agreed to pay me 250 Euros in late April within 14 days, which they said was £208.10. The actual interbank exchange rate on the day it was paid, 11 days later, means it should have been about £213, but I can't be bothered to argue over less than a fiver. 
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