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CAA to 'enhance approach to consumer money' as 704 Atols renewed

Atol
Jennifer Morris
2 May 2020

The CAA has renewed 704 of the 805 Atols that were due to expire on 31 March. 

Atol protection worth £30 million is due to be withdrawn

A total of 55 did not apply, while 46 had applied but not yet been renewed by 28 April. 


The announcement comes after it was confirmed the Atol renewal would be extended until 28 April to enable Atol holders to focus resources on the impact of the coronavirus crisis, and in looking after their customers. 


It also allowed the CAA to concentrate its resources, as well as “giving due consideration of the Atol holders applying for renewal to reassess the basis of their application”. 


At the end of March, some Atol holders’ applications had already been processed, the CAA said, but all Atol holders had their licences extended to 28 April.