The CAA made the decision to extend Atol protection for RCNs to 31 January 2021 just three days before Christmas.
But John de Vial, Abta’s director of financial protection and financial services, told the Elman Wall webinar that the association would now be pushing for the financial protection of RCNs to be extended for another two months to 31 March.
“The RCNs regime has been absolutely critical for businesses to retain customer pre-payments,” said de Vial.
