The authority said Golf Travel Group held an Atol until 30 September 2024 and on Monday (31 March) formally classified it as a “failed Atol holder”.
However, the operator’s managing director Patrick McCaghy told TTG the business continued to trade as only 15% of its 20,000 passengers were covered by Atol, with the rest being under Abta’s bond.
“We are re-routing through to another Atol provider because it is easier for us rather than holding our own Atol,” he said. “The suggestion we are insolvent is not in any shape or form true.”
