Martin Alcock, director of the Travel Trade Consultancy, said: “Over the past year, we’ve seen more and more Atol holders forced into these arrangements [the use of trust and escrow accounts]. We expect to see more of these demands as the renewal unfolds.”
Alcock added that the CAA was asking for “lots more information from applicants, as they did in March, which makes the renewal process more painful”.
March’s renewals saw a significant proportion of Atol holders leaving it to the last minute to submit renewal paperwork.
“They were waiting in hope that things were going to get better,” added Bowen. “There were 10% who submitted seven to 10 days before the deadline and that caused all sorts of issues.”
Will we see a repeat of this late-filing trend in the run-up to the 30 September? We have only another few weeks to wait.
These are the UK’s top Atol holders due to renew by 30 September, showing their current 2020/21 licence numbers.
- Tui UK –…