Skip to content
Wednesday 29 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,871.02
+0.83%
DAX
25,464.01
0.00%
CAC 40
8,458.78
0.00%
STOXX 50
6,289.51
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 29 December 2021 4:03 pm

Financial protection for holidays surges in importance amid pandemic, says aviation watchdog

By: Millie Turner

Add as a preferred source on Google
The UK's competition watchdog has today warned package holiday firms that they will be in breach of the law if they do not give passengers refunds if holidays are cancelled this summer due to the pandemic.

Financial protection for holidays has surged in importance over the pandemic, with many families relying on the safeguard amid sudden restrictions.

Nearly 75 per cent of holidaymakers consider ATOL protection more important now than before Covid-19 began curbing travel, research by the UK Civil Aviation Authority (CAA) has found.

The industry watchdog urged families who are looking for some vitamin D during the winter to check for financial protection when booking their getaways.

Some four in five travellers consider ATOL protection when booking a holiday, the CCA added, as it has become almost essential when travelling during a global pandemic.

It follows a number of holidays ahead of the festive period being cancelled or re-routed over fresh restrictions in Europe in response to the latest Omicron wave.

“With many travellers considering ATOL protection more important since the pandemic, we want to make sure consumers are aware of the financial protection that ATOL provides,” head of ATOL, Michael Budge said.

“Whilst travel has not yet normalised, we’re asking holidaymakers to make smart decisions for their well-earned breaks by booking ATOL protected trips.”

The CAA has also advised travellers to book trips on a credit card where possible, so holidays can be protected under Section 75 of the Consumer Credit Act.

Read more

Ryanair warns of ‘passport queue chaos’ with new EU border system

Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail
  • Transport & Infrastructure

Trending Articles

  • Big Four’s AIM exodus accelerates as mid-tier firms seize mandates

  • EY and London managing partner fined over £1.3m for audit failure

  • FTSE 100 firm agrees £5.7bn takeover in latest private equity swoop

  • Burnham backs plan to pump £1bn pension funds into start-ups

  • As it happened: Stocks jump as oil drops; Unilever shares soar on decade-best sales

More from City PM

  • Ryanair warns of ‘passport queue chaos’ with new EU border system

    Aviation
    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • How to cut the cost of your holiday this summer with Complete Savings

    Partner
    UK CompleteSavings program highlights customer rewards and benefits in a visually engaging presentation.
  • EY and London managing partner fined over £1.3m for audit failure

    Big Four
    EY London headquarters building exterior on a sunny day, showcasing modern architecture in the citys business district
  • Why the wealthy aren’t tired of London after all

    Opinion
    Black cab navigating Bond Street in Mayfair, showcasing Londons iconic taxi service against a backdrop of luxury shops.
  • Jet2 handed £400m boost from Iran war jet fuel spike

    Transport & Infrastructure
    Jet2 is listed on the London Stock Exchange's AIM.
  • Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK

    Business Wire
  • Everest and MetLife Expand Bereavement and Legacy Support to Ireland

    Business Wire
  • City watchdog suspends parts of £9bn motor finance scheme after industry backlash

    Banking
    The FCA has appointed Liam Coleman interim chair of the FOS.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook