ABTA welcomes this morning’s announcement that Monarch has successfully secured the biggest investment in its history, which has allowed it to renew its ATOL licences, enabling it to continue to provide flights and holidays for thousands of UK holidaymakers.
“Monarch is one of the UK’s best-known, most established travel brands and has been operating successfully for the past 48 years. It is very good news not only for Monarch, its staff and customers but for the travel industry as a whole.
ABTA has been a trusted travel brand for over 65 years. Our purpose is to help our Members to grow their businesses successfully and sustainably, and to help their customers travel with confidence.
The ABTA brand stands for support, protection and expertise. This means consumers have confidence in ABTA and a strong trust in ABTA Members. These qualities are core to us as they ensure that holidaymakers remain confident in the holiday products that they buy from our Members.
We help our Members and their customers navigate through today's changing travel landscape by raising standards in the industry; offering schemes of financial protection; providing an independent complaints resolution service should something go wrong; giving guidance on issues from sustainability to health and safety and by presenting a united voice to government to ensure the industry and the public get a fair deal.
ABTA currently has around 1,200 Members, with a combined annual UK turnover of £33.07 billion. For more details about what we do, what being an ABTA Member or Partner means, and how we help the British public travel with confidence visit www.abta.com.