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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does ATOL stand for?

Air Travel Organiser's Licence (UK)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other meanings of ATOL

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Link/Page Citation...

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Samples in periodicals archive:
7) To fight the chance of losing money because your air travel firm has gone bankrupt, visit the Air Travel Organiser's Licence website at www.
In the travel industry all tour operators and travel firms selling package holidays and flights in the UK are required by law to hold a licence called an Air Travel Organiser's Licence (ATOL) and contribute to a central protection fund.
The Air Travel Organiser's Licence System was set up 25 years ago to protect Brits from losing money or being stranded abroad if an operator folds.
Money to cover the lost holidays will come from the company's pounds 758,000 bond under the CAA-run Air Travel Organiser's Licence (ATOL).
Travel agents and tour operators must hold an Air Travel Organiser's Licence (ATOL), which guarantees clients a refund if they go bust.
The CAA, which called in its Air Travel Organiser's Licence bond to sort out the problem, say claim forms for those unable to travel will be sent out shortly.
The new AXSPoint service, which has been approved by the Civil Aviation Authority (CAA), a UK regulatory body for use by tour operators holding an Air Travel Organiser's Licence (ATOL), will eliminate the need for tour operators to issue hard copy invoices to travel agents, thereby providing tour operators such as Thomas Cook Holidays with potential savings of up to 80 percent on their annual invoice distribution costs.
This is because tour operators and agents selling packages are required to have an Air Travel Organiser's Licence (Atol) administered by the Civil Aviation Authority (CAA).

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