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United Kingdom · Question · Written question

UIN 293740

Air Travel Trust Fund: Insurance

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 October 2019

Last action

7 October 2019 · Answer

Status

Answered

Sponsors

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Subjects

Aviation

Source updated

7 October 2019

Aviation

Summary

To ask the Secretary of State for Transport, what the levels of excess payments are on (a) insurance and (b) reinsurance policies taken out by the Civil Aviation Authority to cover payouts from the Air Travel Trust Fund.

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Timeline

  1. 2 October 2019

    Written question

    To ask the Secretary of State for Transport, what the levels of excess payments are on (a) insurance and (b) reinsurance policies taken out by the Civil Aviation Authority to cover payouts from the Air Travel Trust Fund.

    Source: Commons

  2. 7 October 2019

    Answer

    The Air Travel Trust Fund (ATT) is the primary source of funding when an ATOL holder fails. The ATT has in place insurance policies that provide the Trust with access to funds in the event of ATOL holder failure(s), where costs arising from refunds and re...

    Source: Written answer

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