ABTA hails ATOL scheme a success
The number of ABTA members using the ABTA-ATOL Joint Administration Scheme has grown by a third in the last year to 164 companies.
The scheme, introduced in 2012, is designed to give members a simpler and cheaper way to apply for an ATOL licence through the association.
It is aimed at smaller and medium-sized travel businesses and any ABTA Member with a licensable turnover of less than £1.5m is eligible to apply.
ABTA said three more companies are currently going through the application process.
"The ABTA-ATOL Joint Administration Scheme represents a very significant Member benefit and it has been a great success since it was introduced in 2012,” said head of financial protection John de Vial.
“In the last 12 months we have seen a significant increase in Members using the scheme and we believe that the majority of ABTA Members for whom the ABTA/ATOL scheme provides a good fit for their business have now signed up."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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