Tim Robinson, director at RSM UK, said the March renewal rate of 88% was an improvement on September’s 77%.
“This is encouraging news for the sector, as it suggests businesses are beginning to benefit from the improved levels of certainty they now have as a result of Covid restrictions being lifted in the UK,” he said.
“In addition, the removal of passenger locator forms ahead of the Atol renewal deadline will have given businesses a better ability to demonstrate the reliability of forecasting data to the CAA – as part of the renewal process.”
