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In 2014, airBaltic became the first airline in the world to accept airline ticket payments Bitcoin. Since 2021, airBaltic has been accepting other cryptocurrencies, including Bitcoin Cash, Ether and Dogecoin, in cooperation with service provider BitPay, to allow customers to pay for tickets purchased on the airline’s website.
Ticket prices on the website are displayed in euros. When airBaltic customers pay for their flight, the payment system operator automatically converts their cryptocurrencies into euros at the current exchange rate. airBaltic does not receive payments in cryptocurrencies. The availability of payments in other cryptocurrencies depends on the cryptocurrency wallet used by the customer, explains airBaltic.
airBaltic accepts Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE) and four US dollar-denominated fixed coins (GUSD, USDC, PAX and BUSD). The option to pay in cryptocurrency is available when purchasing airBaltic GREEN tickets. These charges are free of charge from airBaltic and are available for flights booked at least five days before your scheduled departure.
airBaltic (Air Baltic Corporation AS) is a joint stock company established in 1995. The main shareholder is the State of Latvia with 96.14% of shares, but Lars Tūsen with his wholly owned SIA “Aircraft Leasing 1” owns 3.86%. airBaltic flies with 32 “Airbus A220-300 aircraft airBaltic offers flights to more than 90 destinations.
airBaltic’s share capital is EUR 506,472,824. Last year, the company’s turnover was almost 136 million euros, but the losses exceeded 278 million euros, “Lursoft“available information.
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