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ITAA is Not Seeking Collective Bond for 2012

ITAA is Not Seeking Collective Bond for 2012

The Commission for Aviation Regulation has been informed by Irish Travel Agents Association Chief Executive Pat Dawson that the ITAA do not intend to seek a Collective Bond arrangement with insurers in respect of the 1st May 2012 licensing round.

Agents who are seeking to renew their Travel Agent’s licence are urged by the Commission to evaluate the alternative bonding arrangements, which are as follows:

  • a cash sum deposited with the Commission
  • a guarantee secured with a bank
  • a guarantee secured with an insurance company.

For details on the spring 2012 licensing round, see:

www.ittn.ie/bulletins/car-online-licensing-to-open-on-16th-january-2012/

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NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 50 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 40 years.

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