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Michael Budge, Head of ATOL Licencing, said: “The UK Civil Aviation Authority would like to reassure ATOL holders and their Agents of the process in regards to ATOL Reform.
“A consultation on ATOL Reform was launched in April 2021. The frameworks proposed were options that the Civil Aviation Authority wanted industry's views and opinions on. We are now in the process of considering over 300 responses that we have received, and we are undertaking an impact assessment of these different options to determine their suitability.
“We would like to reaffirm that no decision has yet been made and that the Civil Aviation Authority will be considering all evidence and opinions provided to us. Our proposals for changes will be set out in the second consultation document which is due for publication in spring 2022. At that point, ATOL holders and other stakeholders will be able to further comment on the proposals, prior to any changes being made or transition period starting.”
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