Hunch in ATOL licence renewals in March | Information

The UK Civil Aviation Authority has confirmed that, of the 742 ATOL licences that expired in March, 554 have been renewed.

An additional 89 nonetheless within the course of.

Which means, in complete, there at the moment are 1,662 ATOL holders general.

Michael Budge, head of ATOL Licensing on the UK Civil Aviation Authority, mentioned “We want to thank these journey corporations that submitted their software and supporting info for renewal in good time in addition to partaking constructively with us concerning licensing necessities.

“Now we have continued to deal with making certain the suitable safety of advance buyer monies and requiring ATOL holders to take care of sufficient liquidity to fulfill future obligations.

“The place acceptable, sure circumstances had been required to fulfill these obligations.”

Journey companies that weren’t on account of renew their ATOL licence throughout this renewals interval ought to apply in good time earlier than the September thirtieth expiry date, Budge added.

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