This means that consumers whose package holiday bookings are cancelled will be able to safely accept a refund credit note - where it is suitable for them.
ATOL protection for refund credit notes originally applied to those issued between March and September, and later extended to the end of the year.
Alpine Elements has ceased trading, with ATOL publishing advice on the next steps for passengers booked to travel. Around 1,000 trips were planned with the company, which is based in Wimbledon.
In July, the ATOL scheme announced, following confirmation from the department for transport, that refund credit notes issued for cancelled bookings as a result of Covid-19 would be protected.
The UK Civil Aviation Authority has revealed that of the 1,261 ATOL licences that expired at the end of September, 995 have been renewed. There are a further 90 still in the process in renewal.
The company also traded under the names of Exclusive Luxury Breaks, Explorer’s Collection, Late Bargains, Luxury Holiday Collection, Phone & Fly, Sail Away, Silversurfers Holidays and Travelsmart.
The announcement comes after it was confirmed the ATOL renewal would be extended until April 28th due to the unprecedented events arising from Covid-19.
While the claims system is open for new claims until September this year, the CAA encouraged anyone who has not yet opened a claim to do so as soon as possible.
The Council of British Hajjis is advising those booking trips to Mecca to perform Hajj this year to follow the advice from the Saudi Authorities and hold off for now.
The decision has been made to allow industry and the CAA itself to use the time to focus on overcoming unprecedented challenges presented by the Covid-19 pandemic.
The Civil Aviation Authority has taken what it calls an “exceptional decision” to extend the licences of all ATOL holders that have applied to renew paperwork on October 1st - but who have not yet received their decision. Decisions will now be made on October 25th.