Originally Posted by
Some person
If the airline doesn't provide the service purchased, then you can have the transaction voided (original amount returned) in most or all countries provided that you haven't paid for the ticket yet. For example, you haven't paid yet if you paid by credit card and haven't paid your credit card bill yet. The banks take a hit unless they have some collateral for this.
In the specific context of my earlier post, I was wondering whether the credit card company might be liable under the CCA for the 261/2004 compensation as well.
Having since had a look at the CCA itself, I'm inclined to agree with
Jambon87 that the answer is no.