This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

Search ITCM

ABTA/ATOL scheme users more than double in twelve months

ABTA – The Travel Association announced today that the number of ABTA Members using the ABTA-ATOL Joint Administration Scheme has more than doubled in the last twelve months from 62 to 154 companies. The ABTA/ATOL scheme was introduced in 2012 to provide Members with a simple and cost-effective scheme enabling Members to apply for an ATOL licence through ABTA with lower fees.

The scheme is aimed at smaller and medium-sized travel businesses and any ABTA Member with a licensable turnover of less than £1.5m is eligible to apply. In addition to the 154 companies currently enrolled in the scheme another 11 companies are currently going through the application process.

John de Vial, ABTA Head of Financial Protection said: “The ABTA-ATOL Joint Administration Scheme represents a very significant Member benefit and it has been a great success since it was introduced in 2012. This year we have seen a very significant increase in Members using the scheme, which reduces the cost and complexity of the licensing process while leaving Members with complete freedom to choose what products they sell and who they do business with.”

Submit to DiggSubmit to FacebookSubmit to Google PlusSubmit to StumbleuponSubmit to TwitterSubmit to LinkedIn