Virgin Atlantic suspends services between London and Pakistan

A Virgin Atlantic Airbus A330 passenger plane is seen coming in to land at London Heathrow Airport in west London on February 14, 2021. (Photo courtesy: AFP/File)
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Updated 13 February 2023
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Virgin Atlantic suspends services between London and Pakistan

  • Airline will continue to operate services between London and Lahore until May 1, London and Islamabad until July 9
  • Virgin Atlantic launched flights from London to Islamabad and Lahore, and Manchester to Islamabad, in December 2020

KARACHI: Virgin Atlantic said on Monday it was suspending its services between London Heathrow and the Pakistani cities of Lahore and Islamabad as the airline reviewed and made changes in its global network.

Virgin Atlantic launched flights from London Heathrow to Islamabad and Lahore, and Manchester to Islamabad, at the height of the coronavirus pandemic in December 2020.

But in a statement released on Monday, the airline said it was reviewing its network and ensuring resources were utilized in the most optimal way to achieve operational resilience.

“Following this review, it is with regret that we’ve taken the difficult decision to suspend our services between London Heathrow and Pakistan,” the airline said on its website.

“Since commencing operations in December 2020, we have been proud to offer choice for customers traveling between London and Manchester in the UK, and Islamabad and Lahore in Pakistan. During that time, we have also provided important cargo capacity, as well as delivering vital medical supplies.”

Virgin said this was not a decision the airline was “taken lightly,” adding that it would continue to operate services between London and Lahore until May 1 and between London and Islamabad until July 9.

“Our teams will communicate with any affected customers due to travel after these dates to share their options which include rebooking (if applicable) or a full refund,” Virgin said. “Customers who have booked with a third-party travel agent should contact them to discuss their options.”


Pakistani official joins global finance leaders at event hosted by Trump-backed venture

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Pakistani official joins global finance leaders at event hosted by Trump-backed venture

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.