BUSINESS NEWS


John de Vial: ‘More than 70 Abta members are protecting sales in other EU member states using UK arrangements. It’s very significant’


Abta credits the PTRs for £130m Atol sales in EU


Atol-holders have generated “significant” turnover – more than £130 million – in other EU states since the new Package Travel Regulations (PTRs) were introduced 12 months ago, according to Abta. But the association believes “a


lot more” businesses could make use of cross-border recognition of consumer-protection schemes brought in by regulations, which came into force on July 1 last year, aſter Brexit.


72 4 JULY 2019


Association warns a no-deal Brexit would scupper arrangements. Ian Taylor reports John de Vial, Abta financial


protection and financial services director, said: “More than 70 Abta members are protecting sales in other EU member states using UK arrangements. It’s very significant – over £130 million in turnover.” But he suggested: “A lot more


people will make use of the arrangements post-Brexit.” De Vial said the uncertainty


around Brexit had discouraged some members from selling across the EU under Atol protection already,


arguing: “A bunch would have made use of [the arrangements] but decided not to if it was going to be just for a year [in the event of a no- deal Brexit].” Abta head of legal services Simon


Bunce warned a no-deal Brexit would end the arrangements. He said: “Te minute we’re out of


the EU and become a third country [to EU members], the CAA has made


Continued on page 70 travelweekly.co.uk


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