The Civil Aviation Authority has reported the failure of London-based travel firm Airliner Ltd.
A specialist in fly-and-cruise trips, Airliner ceased trading on Thursday (January 22) with about 500 forward bookings.
The company also traded as Luxurytrips, Sporting Getaways, Travelsuitsme and Ultra Cruises.
Airliner Ltd held an Air Travel Organiser’s Licence (Atol) meaning the money of clients who booked Atol-protected trips is protected. These customers should have received an Atol Certificate at the time of booking.
CAA head of Atol Andy Cohen said: “The collapse of Airliner Ltd is a timely reminder of why it’s so important for people to check they will receive an Atol certificate when they book their holidays.
“Thanks to the Atol scheme the company’s customers will have peace of mind that their money is safe.”
Cohen said: “It could have been a different story if those customers had booked a trip without Atol protection.”
He warned: “If looking for a bargain air holiday in the early year sales, it is essential people check to make sure they will get Atol Protection and receive an Atol certificate before they hand over any money.”
The CAA advises consumers to visit www.packpeaceofmind.co.uk before booking a holiday.