"What if my flight is delayed?
If your flight is delayed by more than five hours, and you choose not to travel, then you are entitled to a full refund. If you accept this refund, the airline is no longer obliged to provide onward travel or assistance.
If your flight is delayed by at least two hours (short-haul), three hours (European) or four hours (long haul), you are entitled to care and assistance as outlined above.
If you arrive at your destination more than three hours after the scheduled arrival time, you may be entitled to between €250 and €600 compensation, depending on the flight distance"
I don't have a flight with them, but this seems fairly generous on the part of the airline to give compensation like this for a delay or arriving at your destination late. Is this something that happens with other airlines?