Holiday credit notes warning

Would be travellers with unspent holiday credit notes are reminded they need to trade them for new bookings or cash refunds by the end of September - or risk losing their money if the tour operator goes bust. Refund credit notes worth a total of over £54 millions, issued during the pandemic, remain in consumers’ hands. The Civil Aviation Authority has warned that if they hang on to them until after 30 September they will no long be covered by its ATOL financial protection scheme, which ensures holidaymakers are not left out of pocket when a tour operator goes under. Credit notes were a way of keeping such firms afloat as travel all but dried up. Without them the need to fork out huge amounts of cash could have forced some companies out of business.