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After Germania bankrupted too, there is a lot of discussion here and there (Monarch was also a relatively recent example), about what is going wrong. I heard from several that the EU 261 regulation is a significant factor to that. Why do they say that?

Searching the Internet yielded this:

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which implies that people are actually talking about this...

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closed as primarily opinion-based by DeltaLima, Ralph J, Sean, xxavier, anshabhi Feb 10 at 5:11

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

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    $\begingroup$ Whether EU 261 is harsh or not is a matter opinion. In it's current form, it think this question is primarily opinion based, so VTC. Can you try to rephrase it? $\endgroup$ – DeltaLima Feb 9 at 21:56
  • $\begingroup$ @DeltaLima can you guide me into a smooth go-around, like a good ATC?:) $\endgroup$ – gsamaras Feb 9 at 21:58
  • $\begingroup$ @gsamaras Execute a missed approach, contact Approach for holding pattern, then we'll vector you in for another attempt. $\endgroup$ – a CVn Feb 9 at 22:45
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    $\begingroup$ Delays due to weather etc. are out of the airlines control however airlines need to pay for gate staff, ramp fees, loading food that may be perishable etc. if the plane moves or not. Offering huge refunds in the event of a long delay or no go is tough on the airline and somewhat unreasonable to ask an airline to reimburse passengers for something that is out of their control. $\endgroup$ – Dave Feb 9 at 23:37
  • $\begingroup$ @Dave: weather is out of control of airline, but how to respond to weather issues is it. Because it is mandatory to all, there is not unlawful advantages, and so passengers will pay some supplement (as insurance) [and airlines could insure themselves]. So at the end there will be some advantages on who handle and predict better "unpredictable" weather (which pilots should in any case try to predict for flight/fuel plan] $\endgroup$ – Giacomo Catenazzi Feb 11 at 14:32