Following the adoption of Bitcoin (BTC) by El Salvador, Volaris El Salvador, a local subsidiary of the Mexican low-cost airline Volaris, will accept Bitcoin as a payment method.
The Bitcoin decision comes a month after Salvadoran aviation authorities cleared the local Volaris subsidiary to operate in the country.
Salvadoran President Niyab Bukele took to Twitter to announce that the airline would accept Bitcoin.
Ya tenemos aerolínea salvadoreña, de bajo costo y que acepta #Bitcoins
– Nayib Bukele (@nayibbukele) 20 October 2021
At a recent Volaris event on Twitter, President Bukele pointed out that the ability to pay with Bitcoin and the state-run Chivo wallet “allows us to increase the supply of flights for Salvadorans.”
Bukele’s government continues to push citizens to use Bitcoin for payments and has even offered fuel subsidies. The country had previously reinvested $ 4 million of unrealized Bitcoin gains to fund infrastructure development projects such as a veterinary hospital.
Related: Venezuelan international airport accepts Bitcoin payments: report
Following in El Salvador’s footsteps, authorities at a Venezuelan airport plan to start accepting Bitcoin and other cryptocurrencies as a means of payment for tickets and other services.
As Cointelegraph reported, Simón Bolívar International Airport, in association with the National Superintendence of Crypto Assets and Related Activities, wants to enable crypto payments as a means of complying with local industry standards.
According to airport manager Freddy Borges, the airport will accept payments in Bitcoin, Dash (DASH) and Petro, an oil-backed token issued by the government. Signaling a commitment to drive adoption of cryptocurrency, Borges said “we need to move forward in these new economic and technological systems to be accessible.”