What is CAA ATOL license?
What is far more relevant in terms of financial security (because it is a legal requirement, rather than just leaving it to companies to decide to join a trade association voluntarily) is that we hold an Air Tour Operators License (ATOL) issued by the CAA (Civil Aviation Authority). Families, Dive and Wildlife (and therefore Walks, Equine, Schools) all hold ATOL licenses. The CAA (Civil Aviation Authority) is the closest thing there is to a government licensing scheme. The CAA issues licenses to qualifying tour operators and also requires either a bond (an amount of cash set aside) or a price per passenger to be paid for every flight inclusive holiday sold. This is tightly controlled and regulated by the CAA. There are very strict rules involved in acquiring and retaining an ATOL license. If a tour operator were to go out of business for any reason, the Civil Aviation Authority refunds any monies paid by a customer. And if a client were already overseas in the event of the failure of a
