Subsidiary of Mexican airline Volaris accepts Bitcoin payments

Volaris El Salvador will accept Bitcoin payments as a result of El Salvador adopting Bitcoin (BTC).

This Bitcoin move follows a month in which Salvadoran aviation authorities granted Volaris’s local subsidiary permission for operation in the country.

Salvadoran President Niyab Bukele announced via Twitter that the airline would accept Bitcoin.

Ya tenemos aerolinea salvadorena, de bajo costo y que acepta #Bitcoin @viajaVolaris pic.twitter.com/mMqzxtOYhA
— Nayib Bukele (@nayibbukele) October 20, 2021

A recent Volaris event was hosted by President Bukele on Twitter. He highlighted how the ability to pay using Bitcoin and the state-run Chivo wallet “allows” us to offer more flights to Salvadorans.

The government of Bukele continues to encourage citizens to use Bitcoin to pay for their payments. It has also offered fuel subsidies. To finance infrastructure development projects, such as a hospital for veterinary patients, the country previously invested $4 million in unrealized Bitcoin gains.

Related: Venezuelan International Airport to Accept Bitcoin Payments: Report

Authorities at a Venezuelan airport are following El Salvador’s lead and will accept Bitcoin and other cryptocurrency as payment for tickets and services.

Cointelegraph reported that Simon Bolivar International Airport is working with the National Superintendence of Crypto Assets and Related Activities to allow crypto payments to be made in compliance with local industry standards.

Freddy Borges, airport director, stated that the airport will accept payments in Bitcoin, Dash, and Petro. Petro is a government-issued, oil-backed token. Borges stated that the airport will accept cryptocurrency payments, signaling its commitment to encourage adoption.

https://cointelegraph.com/news/subsidiary-of-mexican-airline-volaris-accepts-bitcoin-payments