A variable Atol fee to protect consumers could be the way forward for the travel industry, the CAA has suggested, after taking onboard feedback on its proposals to reform the Atol scheme from 500 interested parties.
A hybrid model for the Atol Protection Contribution (APC) emerged as preferred course for reform on Wednesday (25 May), with a mix of risk and value taken into account to determine the amount paid.
The current £2.50 flat rate, which is levied per person on all Atol-protected bookings, was deemed inappropriate by the industry “as it does not deal with risk in an acceptable way”.
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