"Unspent ATOL protected refund credit notes currently total over £130m," the CAA said.
In July 2020, the ATOL scheme announced that consumers who accepted refund credit notes for cancelled ATOL protected holidays would continue to be covered by the ATOL scheme. This protection applied to refund credit notes issued from 10 March 2020.
From midnight on 19 December 2021, ATOL holders will no longer be able to issue ATOL protected refund credit notes for holidays cancelled due to the COVID-19 pandemic. Travellers who have accepted ATOL protected refund credit notes between 10 March 2020 and 19 December 2021 are unaffected by this change but are reminded to redeem their refund credit notes before 30 September 2022.
Consumers are also reminded that along with redeeming a valid refund credit notes for a new booking, they can request a cash refund at any point.
© aero.uk | 06/12/2021 07:19