By joining a franchise scheme businesses can apply for an ATOL without having to obtain a bond
|What do Franchise Schemes do?|
The Franchisee enters into agreement with the Air Travel Trust and, as part of this agreement, the CAA can grant ATOLs for franchise members on the basis of its franchise membership, subject to some other tests (below). Bonds would not be required from franchise ATOL holders as the Franchisee provides guarantees to the CAA. The Franchisee would insist that their members operate a trust account to protect client monies.
|What tests do I have to meet?|
|Who offers Franchise ATOLs?|
|Travel Trust Association (TTA)|
Surrey GU21 6BD.
Telephone: 0870 8890577
|How do I apply to become a Franchisee?|
Please click here for further information on how to become a Franchisee.