More than 100 ATOL holders still in renewal process
The UK Civil Aviation Authority said of the 1,133 ATOL licences that expired on 30 September 2021, 871 have now been renewed.
It leaves a further 118 still in the process, it said.
In total there are now 1,517 registered ATOL holders, with 661 due to renew in March 2022.
With 217 businesses applying in the fourteen days leading up to the 30 September deadline, the UK Civil Aviation Authority again urged travel businesses due to renew in March 2022 to apply well ahead of time before the deadline due to the processing time required.
Businesses that fail to allow reasonable time to apply by the deadline risk being unable to take ATOL protected bookings.
Michael Budge, Head of ATOL Licensing at the UK Civil Aviation Authority, said: "We understand the pressure the industry is facing and would like to thank travel companies for engaging with us throughout the renewal process. The Civil Aviation Authority has continued to apply the current ATOL framework when processing the latest renewals."
"The ATOL scheme ultimately exists to protect consumers and therefore it is more important than ever that the Civil Aviation Authority focuses on appropriate protection of customer money,"
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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