Virgin Atlantic Quitting Hong Kong
"); jQuery("#212 h3").html("

"); });
2022-10-05 HKT 21:10
British airline Virgin Atlantic on Wednesday decided to suspend its Heathrow-Hong Kong services, close its Hong Kong office and not resume flights in March 2023 as planned, after 30 years in the city due to issues related to the closure of Russian airspace.
The war in Ukraine has led several airlines, which were already reeling from the impact of Covid-19 pandemic, to suspend flights and plan longer routes to avoid Russian and Ukrainian airspace.
"Significant operational complexities due to the ongoing Russian airspace closure have contributed to the commercial decision not to resume flights in March 2023 as planned," the airline founded by billionaire Richard Branson said
Virgin Atlantic had halted flights to Hong Kong since December last year because of Covid-19, and then extended the suspension due to the conflict in Ukraine.
Several airlines have also not routed flights through Russia's airspace since the war in Ukraine.
"We’re sorry for the disappointment caused to our loyal customers on this route and anyone booked to travel from March 2023, whose flight has been cancelled," the airline said in a statement, adding that affected customers can amend their flights without fees or request a refund.
Earlier in the day, Bloomberg reported that around 46 Virgin Atlantic jobs will be impacted, including office staff and cabin crew, due to the decision. (RTHK/Reuters)
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
