Kiss Flights has become the latest travel operator to collapse after its parent company Flight Options ceased trading yesterday. The budget firm sold flights to Turkey, Egypt, Greece and the Canary Islands.
The Civil Aviation Authority (CAA) has assured some 13,000 passengers currently abroad they will be flown home according to schedule this week.
For customers booked to fly out of the UK with Kiss Flights before 6pm today (Wednesday), departures will continue as normal. But those booked after 6pm, have been advised to approach their tour operator.
In an interview with the BBC, David Clover spokesman for the CAA, said: "The CAA is making arrangements to guarantee inbound flights. If you are due to travel back those flights will operate as normal, protected under the ATOL (Air Travel Organisers' Licensing) scheme."
The CAA estimates around 60,000 people have forward bookings with the company and says these people will be able to claim a full refund for the ATOL protected elements of their holiday, or can approach their tour operator for alternative travel arrangements
Kiss Flights sold very few package holidays. This means while the flights fall under the ATOL scheme, accommodation will not be protected.
Last month, Goldtrail, a firm specialising in holidays to Greece and Turkey collapsed. And only last week Sun4U, a Birmingham travel firm also ceased trading, leaving 1,500 Britons stranded in Spain.
Those currently abroad and due to travel back with Kiss flights should contact the CAA on 0044 161 444 5811 if they require more information. Customers with forward bookings should contact CAA on 0844 571 7262.