Compensation in the EU after a delayed flight - In what time frame should compensation be issues?

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So, what is the timeframe in which the compensation should be issues?

Irrelevant question. Most airlines will happily ignore what the rules say unless you somehow force them or put pressure on them.

Most airlines will initially just ignore your claim and hope that you will go away quietly. Then they will drag their feet and delay as much as possible. Your best recourse is to constantly call or contact them and insist on your rights and threatening legal action.

There are also professional companies you can hire to collect for you for a percentage of the proceeds. These companies have a strong history of taking every claim to court, so the airlines are more inclined to pay. This may not work for a voucher though.

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