ATOL (Air Travel Organisers' License)

The Air Travel Organisers' License (ATOL) is a UK government scheme that protects consumers who purchase package holidays and flights. If a travel company with an ATOL license goes out of business, ATOL ensures that customers can either complete their trip or receive a refund. This safety net is crucial for travelers, as it provides financial security and peace of mind when booking holidays that may include flights, accommodation, and other services. Companies must meet specific requirements to maintain their ATOL, ensuring they are reliable and uphold consumer protection standards.