As a professional, it`s important to understand the significance of a single contract package ATOL. ATOL, which stands for Air Travel Organisers` Licensing, is a financial protection scheme administered by the UK Civil Aviation Authority. It`s designed to protect customers who book package holidays and flights from UK-based travel companies.

A single contract package ATOL refers to a package holiday that`s sold as a single package with a single price. This means that all components of the holiday, including flights, accommodation, and other services, are bundled together in one package and sold under a single contract.

The benefit of booking a single contract package ATOL is that it provides financial protection for customers if the travel company they book with goes bust before the holiday commences. In this case, the ATOL scheme will ensure that customers get a refund or are repatriated to the UK if they`re already abroad.

To qualify for a single contract package ATOL, the holiday must include air travel and at least one other travel service. The travel service can be accommodation, car hire, or any other service that`s an essential part of the holiday package.

It`s important to note that a single contract package ATOL doesn`t provide protection for holidays booked separately. For example, if a customer books a flight and accommodation separately, they won`t be covered by the ATOL scheme if the travel company goes bust.

It`s also worth pointing out that a single contract package ATOL only applies to UK-based travel companies. Customers who book with companies based outside the UK may not be covered by ATOL and should check what protection is in place before making a booking.

In summary, a single contract package ATOL refers to a package holiday that`s sold under a single contract with a single price. It provides financial protection for customers in the event that the travel company goes bust before the holiday starts. If you`re looking to book a package holiday, it`s always worth checking whether the company is ATOL protected to ensure that you`re fully covered.