The CAA is currently consulting with the industry on possible changes to the Atol scheme, which could see agents being compelled to use trust accounts to secure customer payments, with the deadline for submissions having been extended from 30 July to 15 August.
Matt Purser, director at Travel Trade Consultancy, told the Aito general meeting in London that “silence is deemed to be acceptance” by the CAA.
“The more people respond, the better it will be,” he added. “My fear, having dealt with renewals in March and coming up to September renewals, is that trust accounts are already being made a condition, even though we are still in a consultation period at the moment.”
Aito’s director of industry affairs Noel Josephides said he believed the CAA was “being unreasonable” in its plans to change the Atol system and “it was extremely important” for companies to submit their opinions on reform.
“Looking after the ATTF (Air Travel Trust Fund) is their…