How long does the application process take?
We have strict service levels and pride ourselves on the efficient and expedient application process.
The initial application is assessed within two weeks, and requests for any additional information made and provided by the applicant.
We aim to reach a decision on an application, on average, no more than eight weeks after receiving all the information needed for us to consider it.
The CAA's minimum bond requirement for new licence holders is £40,000 or an amount equal to 15% of ATOL turnover, whichever is the higher amount.
A bond will be required for a minimum of four years but the amount of bonding required may be reduced annually at renewal.
Bonds are provided by Banks or Third party insurers. We have listed those Insurance companies that currently provide ATOL bonds.
What type of ATOL
- No trading restrictions.
- Minimum £40K bond required on grant.
- Personal fitness test.
- Need to meet financial criteria test.
- £1,890 application costs plus grant charges.