Originally Posted by flarmip

2) Assuming it qualifies for compensation, compensation is paid based on your entire booking - i.e. LAX to BUD, so the long haul rate of €600 / £520.

3) Unfortunately not; whilst you'd be entitled to drop the last leg and get a pro-rata fare (note - not taxes) refund for that part, you won't be entitled to ORC or compensation if you drop it. Obviously that means there is a strong incentive to still take it, perhaps counterbalanced by the cost of having to change/rebook your return flight from BUD and the affect on any plans you had.on the 17th.

Others will be able to advise on the allocated delay code and whether this is likely to mean that a claim for compensation is painless.