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Families are sitting on more than £130million of unused credit vouchers issued after their holidays were cancelled during the pandemic.
Travellers must now use these vouchers before they expire on September 30 next year or they will lose their money, the aviation watchdog has warned.
Ordinarily when a package holiday is cancelled, tour operators are required by law to refund customers within 14 days.
But amid fears that scores of companies could go bust if they were forced to pay out during the Covid crisis, thousands of customers were pushed to accept credit notes instead.
Families are sitting on more than £130million of unused credit vouchers issued after their holidays were cancelled during the pandemic
This sparked outrage among consumer groups who were concerned holiday- makers could be left out of pocket if their firm later collapsed. The Civil Aviation Authority eventually intervened in July 2020 and pledged that all such credit notes would be covered under the Atol scheme, which
