Holidaymakers would be well advised to check their travel insurance policies following the news that budget travel firm Kiss Flights has collapsed.
More than 60,000 travellers are facing disruption to their plans after the collapse of the British-based business, which ran flights to Egypt, Greece, the Canary Islands and Turkey.
The Civil Aviation Authority (CAA) revealed that owner Flight Options ceased trading on Tuesday night, adding that 3,000 holidaymakers who had booked trips through the firm would get home as normal.
However while the "vast majority" of the estimated 60,000 who had booked future flights with the business will receive refunds, several thousand who had booked package deals through the company may be left out of pocket.
Customers with flights leaving the UK before 6pm on Wednesday were told their trips would go ahead as planned.
A CAA spokesman said: "Because the company has failed at the height of summer, the CAA is also putting in place arrangements to allow people to travel out on their holidays for the next 24 hours, to minimise confusion and protect passengers."
Kiss is the major trading name of Flight Options, which bought the company last year.
Flight Options also traded under the names Africa Options, America Options, Canada Options, Caribbean Options, Dubai Options, Elgouna Options, Elgouna Villas and Apartments, Florida Options, Florida Owners Club, Golf Options, Holidayops.com, Orlando Villas Direct, Sportops.com, Travel Options Direct and Travelplus.
Follow the link for our Q&A on what to do if you're affected by Kiss Flights' collapse.
