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How long should it take an airline to refund a ticket?

I have bought an airline ticket and had to return it later. According to the fare terms I am entitled to a refund minus a cancellation fee of 50Euros. It's been more than 5 weeks since I returned the ticket but the airline still hasn't paid the refund back to my credit card. They say they need time to process it. Is there a law/regulation that sets maximum timing for refunds? Where can I find it? Many thanks,

Public Comments

  1. there is no exact time limit, they can take their time as much as they want.
  2. How long SHOULD it take? No more then 2 weeks. How long DOES it ACTUALLY take? Somewhere between 2 weeks and 1 month most likely.
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