Anyone who is still wondering whether travel has emerged from the shadow of Covid need only take a deep dive into the September Atol renewals for reassurance.
Consumers will continue to afford to travel, the panel agreed (Credit: iStock)
The figures not only show a record number of authorised packages, but also a reversal of the fall in the number of Atol-holders. Moreover, the industry’s changing structure means the newer players – OTAs – are expanding without threatening its overall stability.
In October, the CAA authorised 31.6 million Atol-protected packages for the period through to the end of September 2024. This autumn authorisation is a 20% year-on-year increase, and a leap from a pre-Covid high of 28 million.
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