RefundMyTicket.net is a specialized service that assists air passengers in obtaining compensation for delayed or canceled flights. Operating primarily in the European and U.S. markets, the company targets travelers who have experienced disruptions in their air travel. The business model is straightforward: RefundMyTicket.net operates on a 'no win, no fee' basis, meaning clients only pay if their claim is successful. This approach minimizes risk for the customer and aligns the company's incentives with those of its clients. The company makes money by taking a percentage of the compensation awarded to the passenger.

RefundMyTicket.net leverages legal expertise and regulatory frameworks to advocate on behalf of passengers, ensuring they receive the compensation they are entitled to under laws such as the European Union's EC 261/2004 regulation. The service is particularly valuable given the complexity and time-consuming nature of filing claims against airlines, which often have significant resources to contest such claims.

The company's leadership team brings a wealth of experience in transportation, industrial engineering, and international finance, which positions it well to navigate the intricacies of the airline industry and regulatory environment.

Keywords: air travel compensation, delayed flights, canceled flights, no win no fee, passenger rights, legal advocacy, EC 261/2004, U.S. market, European market, transportation sector.