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PTT Articles

PT Trustees response to the ATOL Reform:

August 16, 2021

Assessment of funding arrangements and the protection of customer money read more

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‘Non-flight’ trust account model launched for travel businesses

July 8, 2021

A new financial protection model has been developed for travel businesses which holds consumer funds in ‘non-flight’ trusts and allows suppliers to be paid before departure read more

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Second open letter to package travel sector from the CMA – 13 May 2021

May 13, 2021

Second open letter to package travel sector from the CMA read more

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Competition watchdog issues summer holiday refunds warning

May 13, 2021

Package holiday companies have been warned by the competition watchdog read more

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CAA ATOL Reform – Apr 2021 – Consultation

May 10, 2021

Assessment of funding arrangements and the protection of customer money read more

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New broker offers frozen rates with trade-friendly payment providers

April 19, 2021

A new broker says it has persuaded a select group of payment providers read more

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“Chargebacks may not be a problem when there is a Trust Account – refunds or double recovery”

April 13, 2021

Travel firms continue to have to deal with chargebacks read more

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CMA launches investigation into airline Covid-19 refunds

December 16, 2020

UK watchdog the Competition and Markets Authority (CMA) Read more

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Trust Accounts for Travel Industry: Post Covid-19 impact on regulation.

October 20, 2020

Please click here to listen to the webinar by Sudheer Sharma on the impact of Trust account

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Trust-backed financial protection is here to stay

August 19, 2020

Problems with bonding only become apparent when a business fails, says Sudheer Sharma, director of PT Trustees The Covid-19 crisis has inevitably shone light, yet again, on the regulation of…

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The advantage of Trust ATOLs over Bonds and the fall out from Refunds

August 18, 2020

The COVID-19 crisis has inevitably shone light, yet again, on the regulation of travel and specifically how firms are required by law to protect customer money. This has led to…

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Airline failures and Consequences

September 25, 2019

The past 15 months or so have not been too kind to the Airline Industry and its Partners. Profitable airlines have become less profitable, airlines which were less profitable are…

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