In 2014, AirBaltic was the first international airline to add the ability to buy tickets with Bitcoin. Subsequently, the company began accepting payments in USD Coin (USDC), Binance Dollar (BUSD), Gemini Dollar (GUSD), and Paxos (PAX).
Now you can pay for tickets with three more cryptocurrencies: ETH Bitcoin Cash, and DOGE.
Note that ticket prices are not denominated in cryptocurrencies. They are always indicated in Euros, and the conversion takes place at the time of purchase through the BitPay service at the current exchange rate. Accordingly, airBaltic receives euros, not cryptocurrencies, to its accounts.
“As an innovative airline, we are always looking for new ways to improve the customer experience. Over the past years, about 1,000 customers have used the opportunity to pay in cryptocurrencies. This may seem like a small number, but we offer passengers a unique payment method that is difficult to find anywhere else in the airline industry, ” said Martin Gauss, CEO of AirBaltic.
In 2014, we became the world’s first airline to accept Bitcoin payments for flight tickets. Now, in cooperation with service provider @BitPay, we accept also other cryptocurrencies like Bitcoin Cash, Ether and Dogecoin for bookings made on our website: https://t.co/dEYDU2KhDD pic.twitter.com/2xHyyAK1Fz
— airBaltic (@airBaltic) March 29, 2021
So far, the number of airlines accepting cryptocurrencies is few. In 2018, the Taiwanese airline FAT added support for Bitcoin, and in 2019, Norwegian Air announced cryptocurrency payment options.