510 travel businesses (out of a potential 1,127) have yet to apply for their September ATOL renewal.
The the Civil Aviation Authority (CAA) is urging travel businesses to submit their applications well in advance of September 20, 2021 to avoid processing delays.
The Authority says that while it understands the issues the travel industry is facing, it has a duty to protect consumers.
Michael Budge, Head of ATOL Licensing at the UK Civil Aviation Authority, said: “We would like to thank travel companies that have already submitted their application and supporting information for renewal in good time, as well as engaging with us throughout the process.
“We understand the challenges the travel industry is facing, but travel companies that have yet to submit their renewals are urged to do so as soon as possible. The earlier they submit, the more we can engage and support in the licence renewal process.
“We are mindful that applicants are looking for quick decisions, but reflective of the industry’s current financial challenges, things can take longer. Companies that apply late risk a delay in having their ATOL licence processed.”