Majority of companies renew ATOL schemes
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The Civil Aviation Authority has confirmed that the majority of ATOL renewals have been completed. In the renewal, 976 companies had applied to receive licences and 949 have been granted. “A highlight to this renewal period is that of the 976 companies who applied to the CAA for an ATOL licence renewal, only 27 companies failed in their application: this is the lowest failure rate we have seen to date,” said Andy Cohen, Head of ATOL Licensing. “This low rate is testament to the strong working relationships we have with the travel industry and we thank them for their continual co-operation. It also demonstrates the overall resilience of the travel industry, which, over the past 18 months, has faced some very difficult trading conditions.” To see which ATOLs have not been renewed, visit www.atol.org.uk.
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