Quick Answer: Is Atol A Legal Requirement?

Can Atol run out of money?

ATOL is a financial protection scheme that guarantees holidaymakers won’t be stranded abroad if their travel company goes bust while they are away.

Who runs it.

The Civil Aviation Authority.

If the firm goes under, the ATOL scheme ensures customers do not lose their money and are not stranded abroad..

Are easyJet flights covered by Atol?

All easyJet holidays or flights and cars booked together are ATOL protected! Great news, when you book an easyJet holiday, or a flight and car at the same time you have the peace of mind that your booking is ATOL protected.

Is Easyjet going bust?

EASYJET has hit back at claims it is facing going bust due to the mass grounding of flights over coronavirus. … But easyJet says this could put the company at ‘significant financial and operational risk’ as it could bring a dragged out court case and wreck its relationship with a major global supplier.

What happens if an airline goes out of business?

“If the passenger paid for the tickets in the United States, with a credit card, and the airline either stopped flying or suspended routes or went bankrupt, the credit card holder would be entitled to a refund to the card, and no obligation to pay the bill if it was not due yet,” said Jeffrey Miller, a longtime travel …

Is my holiday covered by Atol?

To make sure your holiday is protected, look for the ATOL logo in your travel company’s brochures, adverts and websites. Your travel company should also be able to tell you if ATOL protection applies. To check the ATOL details of your travel company, please use our ATOL Holder Search facility.

What does Abta and Atol cover?

ATOL (Air Travel Organiser’s Licensing) sits alongside ABTA but is specifically designed to cover people who fly. Whereas ABTA covers rail, road, or sea travel holidays. Many ABTA tour operators also provide bonds to the Civil Aviation Authority under the ATOL scheme.

Who needs an Atol Licence?

standard ATOL – if you plan to carry more than 500 passengers each year. small business ATOL – if you plan to sell less than 500 flights or holidays each year. ATOL to ATOL trade sales – if you sell flights or holiday packages to other ATOL holders.

How much does an Atol Licence cost?

Small Business ATOL (SBA) Bond level of 15% of licensable revenue (subject to a minimum of £50,000) required. Personal fitness and competence test. Need to meet Standard ATOL financial criteria. £2,015 application fee plus 12.64 pence variable per passenger charge.

Are flights covered by Atol?

ATOL is a UK financial protection scheme and it protects most air package holidays sold by travel businesses that are licensed in the UK. … Please note that ATOL does not apply to holidays or flights booked directly with scheduled airlines or to flights booked with airline ticket agents.

What’s the difference between Abta and Atol?

While ATOL is a compulsory licensing system run by government, ABTA is a voluntary scheme that Travel agents can sign up to and become a member. ABTA has a specific code of conduct that its suppliers have to abide by in order to be certified and there is a lot of protection if things go wrong with your holiday.

Can you buy Atol protection separately?

In short, there isn’t any, unless make sure your travel insurance includes insolvency cover. If you book elements of your holiday independently, booking different arrangements such as flights, hotels and car hire direct with different suppliers your holiday will not be protected under the ATOL Scheme.

Do you need Atol protection?

All package and flight-plus holidays which include flights booked through a travel agent should be covered by ATOL (Air Travel Organisers’ Licensing) protection, but you should still take it upon yourself to check.

What does an Atol certificate cover?

ATOL is the UK’s financial protection scheme and protects you when you book a holiday with a UK ATOL holder. It will provide support so that you are not at a financial loss or without assistance abroad if your ATOL holder ceases trading. ATOL stands for Air Travel Organiser’s Licence and is backed by the UK Government.

What happens if not Atol protected?

ATOL is the name of the protection scheme run by the Civil Aviation Authority (CAA), the airline regulator. … If the worst happens, under ATOL you’ll get a refund for your holiday or an alternative holiday/transport. It doesn’t apply to non-UK companies though.

What does Atol cover me for?

ATOL covers package holidays that include flights, and some flight only sales. … ATOL cover means that if the ATOL protected company fails and your holiday can no longer go ahead you will be entitled to a refund if you are yet to travel, and hotel costs and flights home if you are abroad.

Does Atol cover flight cancellations?

ATOL protection doesn’t cover things like medical expenses, delays/cancellations or lost luggage, so travel insurance is still a must.

Are jet2 flights covered by Atol?

At Jet2holidays, we always put our customers first. One of the ways we make sure you stay safe is by including ATOL and ABTA protection for every single package holiday that’s booked with us.

Will I get my money back if airline goes bust?

There is a possibility that you can claim money back from the first airline if you booked direct with a credit card, your booking was ATOL protected, or it was covered on insurance, but bear in mind you will need to shell out the cash up front for the alternative flights and it may be a few weeks before your claim goes …