We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Compensation exchange rate

Hi

I was on a 28hr Qantas flight delay in February. After many months trying to get compensation I finally got payment last week. 

However I only got £470 instead of £520. Qantas says it calculated it on the day of the delay rather than todays exchange rate. 

Can they do that?  I’ve lost £50!

Neil

Comments

  • la531983
    la531983 Posts: 2,493 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 29 August 2023 at 10:25AM
    Yes, the compo related to that day so the rate that day is used, perfectly reasonable.  You wouldnt be giving them £50 back had the conversion worked the other way ;)

    To be pedantic, you havent lost anything, as this is compo and not a rebate for out of pocket expenses.
  • Ok. But the pain is the months of them messing me about while watching the exchange rate drop each week. 
  • eskbanker
    eskbanker Posts: 34,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I don't believe they're entitled to adjust the compensation according to exchange rates, assuming you claimed under the UK261 regulations, which clearly specify a fixed compensation tariff denominated in sterling - the exchange rate between GBP and AUD is irrelevant....
Meet your Ambassadors

Categories

  • All Categories
  • 347.7K Banking & Borrowing
  • 251.8K Reduce Debt & Boost Income
  • 452.1K Spending & Discounts
  • 240K Work, Benefits & Business
  • 616.1K Mortgages, Homes & Bills
  • 175.3K Life & Family
  • 253.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.