The Co-operative Travel Trading Group (CTTG) has welcomed the Government’s ‘in principle’ decision to replace ATOL bonding with a consumer levy, but is urging it to extend the scheme.
Chief operating officer Mike Greenacre said: “As a group of consumer-owned businesses, we’ve been fighting for this for some time and must applaud the Government for adopting this common sense approach.
”The fact remains however, that this will still leave many travellers buying scheduled airline tickets, accommodation only and car hire outside the scheme’s safety net.”
“It’s vital that the momentum that has built behind this issue should not now be lost. We will continue to argue that the levy should be extended to cover these travellers and their needs.”
He added: “Given the highly competitive state of the marketplace, and the recent spate of failures, we question whether £1 would be sufficient to replenish the Air Travel Trust Fund quickly enough. Time will tell on this point.”
By Lisa James
