The Commission for Aviation Regulation (CAR) administers the scheme of insolvency protection in Ireland. It is the central contact point in Europe for Ireland.
Tour operators or travel agents established in Ireland who organise packages can:
- remain licensed for its tour operator or travel agency business for packages which commence in Ireland;
- or choose to be unlicensed for all of its business (except travel only commencing in Ireland), provided it complies with the applicable insolvency protection arrangements.
Irish established businesses must put in place insolvency protection to cover such sales; this will generally be in the form of a bond or insurance.
Arcus Solutions can provide bonds to CAR to comply with the licence requirements in Ireland. Arcus Solutions can also arrange an Insolvency protection policy to comply with the Travel Regulations in Ireland.
More details on CAR sales processes are Licensed Sales-Information on Licenses issued by CAR (aviationreg.ie)