Originally Posted by
Globaliser
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.
The best way too look at it or the way I looked on it when I worked in a bank, is the bank will return your account to a place before the transaction was
made, anything extra you want to claim, is done through the usual insurance process or with the now defunct airline.
The bank process the claims through their card issuer, i.e MasterCard Chargeback and recover their losses that way.