The number of Abta members using the Abta-Atol Joint Administration Scheme has more than doubled in the last year from 62 to 154 companies.
A further 11 companies are currently going through the application process.
The scheme was introduced in 2012 to provide members with a cost-effective scheme enabling them to apply for an Atol licence through Abta with lower fees.
The scheme is aimed at smaller and medium-sized travel businesses. Members of the association with a licensable turnover of less than £1.5 million are eligible to apply.
Abta head of financial protection John de Vial 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.”
Abta does not pass administration costs onto members so can provide cost savings over applying for a licence via other routes:
- A saving of up to £1,180 for the initial application, with a guaranteed initial minimum saving of £345, versus the Civil Aviation Authority’s licence costs.
- Abta’s Atol licence fee is £710 compared with £1,115 for a Small Business Atol and £1,890 for a Standard Atol.
- Abta’s annual renewal fee is £495 compared with £780 for an Small Business Atol renewal and £1,185 for a Standard Atol renewal.
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