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The compensation and ticket reimbursement are very different forms of airline support that are provided by the airlines.

The compensation usually refers to monetary or service-based benefits which are given by the airline for any inconvenience caused which are based on benefits that are given by the airlines when there are any inconveniences that are caused like flight delays, denied boardings, and cancellations as well. Generally, it has a fixed amount, and it may also include miles, discounts, vouchers, or cash -totally depends upon the airline's policies and regulations respectively.

When talking about the ticket reimbursement, know that the ticket reimbursement means the full or partial refunds of the actual fare that are paid by the passengers when a flight is canceled or significantly changed by the airlines. Please note that reimbursement is based on the original ticket cost and usually applied when the airline does not promise services or when the traveler cancels within the refundable policy window.

Reimbursement is a reimbursement of your money, whereas compensation is a goodwill or legal settlement. Depending on the circumstances and jurisdiction, passengers may be entitled to one or both.

When your flight is cancelled then the passenger will get a refund for the not used portion of the ticket, even if it is a non-refundable one. One also has the right to get a new rebooking on another flight to your destination, maybe with another airline, at no extra cost. Keep in mind that an airline should provide care and full assistance, like meals and accommodations, if the cancellations end up in a significant delay.

When your scheduled flight is delayed then you are entitled to get assistance from the airline, like rebooking, cancellation, refunds, and compensation for inconveniences. Please note that the delays are based on the length of the delay, the reason for the delay, and your location as well.

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If your flight is overbooked and you're denied boarding involuntarily, you have the right to compensation, a seat on the next available flight, or a full refund. Airlines must also provide meals, accommodation, and communication assistance depending on the delay duration and your location's passenger rights regulations.

Surely, the passenger rights are applied when there is a strike. However, the specific rights and compensation may vary depending upon the type of strike and the location of the flight it. In addition to their usual rights to care services like food and lodging, passengers may also be eligible for reimbursement in the event of major cancellations or delays.

The time limitations for compensation vary depending on the country and the airline's policy. Like in the European Union, under the EU Regulations 261/2004, the passengers typically have up to 2-6 years, depending on the member state, to file a claim for the delays, cancellations, or denied boardings.

In the United States, there is no absolute fixed time for flight delay compensation, but the compalints must generally be submitted within a reasonable time frame. It always best to check your airline's specific terms and conditions of the particluar country you will take flight from or to, to avoid missing the deadlines.