It's easy to setup CBR circuits that will not drop any cells.
Fibers have very low error rates.
Yet ATM can be used on other links so it is hard to say anything solid about the link error rates. I don't know of any good work in this area. Some people would claim that it's a bad idea. For example, a voice sample might be too late if you retransmit so the retransmission just wastes bandwidth. Or TCP uses lost packets to indicate congestion.