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What is an ATOL License? An ATOL license is a scheme run by the Civil Aviation Authority (CAA) in the UK. It protects consumers who book air holidays and flights with ATOL holders. Its primary aim is to make sure that they don’t lose their money or get stranded abroad if a travel business collapses. When a customer books an ATOL-protected trip, they receive an ATOL certificate. An ATOL certificate is a guarantee that confirms their protection. An efficient ATOL consultant, such as the one from the MMBA Accountant ATOL team, helps you deal with it.