1 min read
Read Martin Alcock's article from The Telegraph which looks at trust accounts in the travel sectors and potential government plans for refunds.
News & insights
Welcome to our news and insights hub where we regularly share views and updates on a range of travel industry regulation, finance and strategy topics. We hope you find it useful, and if you’d like to discuss any of the insights or issues we raise, please get in touch.
1 min read
If you are due to renew your ATOL this September, here are four tips for submitting.
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TTC Director Martin spoke to the BBC this morning to discuss how the travel industry is dealing with the Covid-19 crisis.
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The Civil Aviation Authority’s (CAA) approach to financial assessments largely depends on the size of the ATOL licence required. As the licence size increases,...
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UPDATE – The government has now announced an extension to the CBILS deadline. Businesses wishing to apply have until 31 March 2021. Many travel...
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The Covid-19 pandemic has had a significant impact on the travel industry.
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There have been many questions surrounding how the travel industry will recover from the coronavirus crisis.
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The Covid-19 pandemic has raised the profile of trust accounts.
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It may have been pushed to the back of our minds by a worldwide pandemic, but sadly, Brexit and its many related challenges have not gone away.
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In this video, TTC Director Simon Brodie gives his thoughts on the criteria requirements for the September 2020 renewals.
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It’s positive to see there are some early signs of recovery for the travel industry after some challenging months due to Covid-19.
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UPDATE: The government has now extended the furlough scheme until December 2020. Please see here for further information.
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The UK officially left the EU on 31 January 2020 with the withdrawal process due to last until 31 December 2020.
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UPDATE: The government has now extended the furlough scheme until December 2020. Please see here for further information.
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Cash flow has in the past been inherently positive for most travel businesses and so forecasting hasn’t always been at the forefront for finance teams, but moving forward it should be a regular feature and even with the uncertainty that still exists, it’s important to start to now.