Despite its popularity, most major commercial airlines and private jet operators still don’t accept payment in crypto, although that’s starting to change. Far ahead of the curve, Italy’s Fast Private Jet began doing so early last year – and has reaped the benefits
One in every three flights managed by or booked through Fast Private Jet, an Italy based charter-flight company, is now being paid for in cryptocurrency. Last year, Fast Private Jet became Italy’s first private jet provider to accept payment in prominent cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, XRP and the major cryptocurrencies available on the market.
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The use of leading-edge technological instruments has always been a key component of our corporate vision,” Fast Private Jet founder and CEO Mauro De Rosa says. “This readiness to adapt to the quickly evolving technological landscape of the 21st century has allowed the company to distinguish itself, while enjoying significant growth, in global aviation industry.”
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Crypto: ‘Soon to Be Leading Means of Exchange’
Led by Bitcoin, cryptocurrencies have seen major gains recently. Yet despite its mounting popularity, most airlines have yet to accept payments in crypto – although this is slowly starting to change. Far ahead of the curve, Fast Private Jet began accepting payment in cryptocurrency early last year. Now, De Rosa says, a whopping 33 percent of the company’s total payment transactions are conducted in Bitcoin and similar digital currencies.
In a landmark development earlier this year, the company recorded the world’s largest-ever cryptocurrency transaction – worth more than a half m************** – for a single private jet flight.
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