The CAA plans to introduce a new way of safeguarding payments for Atol-protected travel and a means of replenishing the Air Travel Trust Fund (ATTF), still depleted by the collapse of Thomas Cook in 2019, which pays out when Atol holders collapse.
‘Atol reform is about more than just stability – it's about faith in travel’
Atol
Gary Noakes
27 January 2023
If Atol reform strikes you as a dull, complex issue, you could be right – but it is one that will impact the stability of the industry and the public’s faith in it, not to mention bring cost implications for agents and other travel sellers.
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