My point to jamesuk is not about legislation or rights, it is about the repugnant opinion that he was not concerned about the possibility that 3,000+ Monarch employees may lose their jobs - he reserved his concern for himself - if Monarch went bust, would he get his claimed 400 euros. In fact, he would pocket 13 eurocents for each full time, professional career thrown on the scrapheap.
No apologies from me, that is totally repulsive.
We would all like to spent £200 on a flight and get 400 euros back (and the flight) but this really, truly, will cost the loss of all the 3000 jobs at small airlines like Monarch, and thousands more across the EU.
So when you get you 400 euros, for delays we used to hate but accept (and ultimately we got there!!), please think about the people, and the families you ruined - take the euros, they're yours - but spent half a minute thinking about the families of employees of airlines like Monarch who may well now signing on.