I am wondering where this might leave the caa/atol and the air travel trust. The figures being banded around are about £170million in the trust currently, plus a further insured £400million (whether self-insured by government is unclear)
Going to be hard to get an exact figure, however, in the event of collapse that isn't going to leave anything left going forward.
I think what continues to amaze me is there must be a number of people still travelling on holidays without insurance and/or cover for airline failure.