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Atol

London-based budget travel firm fails
Cheap Cost Holidays traded under Atol 10947 but ceased trading on Tuesday (26 October), the CAA has confirmed
Surrey-based specialist operator ceases trading
CAA and Abta confirm failure of Latin America and Asia specialist Atol holder
Thomas Cook Atol payouts totalled £444 million, report reveals
Air Travel Trust report details Cook collapse costs
Almost 120 Atol holders still working to renew
CAA says 217 businesses applied during the fourteen days up to the 30 September deadline - 85 of which were in the last three days
Two more operators cease trading as Atol holders
News Travel and Tangent Expeditions have ceased trading as Atol holders on 30 September
Fifth of Atol holders still yet to renew as deadline looms
CAA warns businesses risk their renewals being delayed if they’re not in promptly ahead of the 30 September cut-off
Atol reform could push small businesses under, warns leading accountant
CAA warned not to overreact to Thomas Cook and Monarch collapses
Trust issues: navigating the thorny issue of Atol reform
Like it or not, Atol reform is coming – and both operators and agents could face tighter restrictions on how they protect customer cash. Rob Gill reports
'Get your your Atol application in now', says CAA
Large percentage still to submit September Atol renewals, according to authority
CAA: 'Financial protection more important than ever'
Authority extols benefits of booking packages with reputable travel sellers ahead of anticipated late-summer demand as the world begins to reopen
Atol holders expected to be 'more realistic' on licence numbers
Many of the UK’s largest tour operators are due to renew their licences by 30 September, but must do so while weighing up the challenges posed by the Covid crisis
CAA sets out timetable for Atol reform after consultation
Regulator received more than 300 submissions for its initial three-month consultation
Atol reform must be tackled at ‘same time’ as airline insolvency
Association of Atol Companies members “concerned” about impact of proposed Atol changes
Wildlife operator Bird Holidays ceases trading after 30 years
Specialist operator has been unable to run trips during the pandemic
Agents urged not to squander 'last opportunity' to steer Atol reform
Agents could be left facing security requirements that aren’t in line with their business model, International Passenger Protection warns
Aito members warned not to ‘stay silent’ on Atol reform
CAA’s current consultation on changing consumer protection system has been extended to mid-August
Sam Smith Travel ceases trading as Atol holder
South Wales-based business operated several brands including Strachan Sports Travel
Atol reform runs risk of creating ‘unfair playing field’
Package travel companies could face “cost upon cost” under Atol proposals
On the Beach calls on trade to return RCN cash to clients
Research shows nearly £800 million is owed to consumers through refund credit notes
Teletext Holidays to complete Covid refunds by end of August
Firm set to be spared court action after signing undertakings with the Competition and Markets Authority to finish paying back £7 million owed to customers in Covid refunds by 31 August
Agents could face tighter rules on holding customer cash
Regulator launches consultation looking at options to improve “protection of consumers’ money”
Atol protection on RCNs extended to end of September 2022
Validity period for issuing new refund credit notes extended indefinitely until further notice
Govt extends backing for Air Travel Trust fund to 2022
Move has been announced as part of Global Travel Taskforce report
Global Travel Taskforce sets out plans to restart travel from May
A ‘green watchlist’, additional enforcement powers for the CAA and a new Covid-19 passenger charter are among plans to restart international travel this summer, amid hopes travel could still resume in May