As a result of El Salvador's mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of Mexican low-cost airline Volaris, will accept Bitcoin as payment.
Bitcoin's move comes a month after Salvadoran aviation authorities it gave Permission from the local Volaris subsidiary to operate in the country.
Salvadoran President Niyab Bukele took to Twitter to announce that the airline would accept Bitcoin.
We already have a low-cost Salvadoran airline that accepts #Bitcoin
@viajaVolaris pic.twitter.com/mMqzxtOYhA
- Nayib Bukele (@nayibbukele) October 20, 2021
In a recent Volaris event organized on Twitter, President Bukele highlighted that the possibility of paying with Bitcoin and the state wallet Chivo "allows us to increase the offer of flights for Salvadorans."
Bukele's government continuesnencourage citizens to use Bitcoin to make payments and it has even offered fuel subsidies. The country had previously reinvested $ 4 million in unrealized Bitcoin earnings to finance infrastructure development projects such as a veterinary hospital.
Related: Venezuelan International Airport Will Accept Bitcoin Payments: Report
Following in El Salvador's footsteps, authorities at a Venezuelan airport plan to start accepting Bitcoin and other cryptocurrencies as payment for tickets and other services.
As Cointelegraph reported, Simรณn Bolรญvar International Airport, in association with the National Superintendency of Crypto Assets and Related Activities, wants to enable crypto payments as a means to meet local industry standards.
According to airport director Freddy Borges, the airport will accept payments in Bitcoin, Dash (PINCH) and the Petro, a government-issued oil-backed token. Noting a commitment to drive cryptocurrency adoption, Borges said that "we must advance these new economic and technological systems to be accessible."
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