This website uses cookies
More information
The monthly news publication for aviation professionals.

Why visit ACE ’25?

Related background information from the Handbook...

FAI rent-a-jet
Charter

FAI Technik
Maintenance

Aeromedical Services

BAN's World Gazetteer

Germany
The monthly news publication for aviation professionals.

Request your printed copy

Cryptocurrency payments become an option for FAI clients
Following requests from clients, and having done some research of its own, FAI is to accept cryptocurrency as a payment option. It is fast and efficient, and not limited to banking hours.
FAI clients can now pay with Bitcoin or Ether.
Read this story in our February 2023 printed issue.

Nuremberg, Germany-headquartered FAI Aviation Group now accepts major cryptocurrency such as Bitcoin and Ether as an additional method of payment across all its global services.

Cryptocurrency has progressively gained popularity as a legitimate form of payment in business aviation, affording a secure way to make transactions without sharing sensitive financial information. As a result, more and more businesses are accepting the digital currency. In turn, FAI hopes its decision will enable it to widen its customer base as well as help existing customers by offering greater choice when paying for their aviation services.

Chairman and founder Siegfried Axtmann says: “FAI is a forward-thinking business, and following requests from clients and following our own research, we decided to accept cryptocurrency as an additional payment option. Cryptocurrency offers a fast, secure and efficient alternative that is not limited to the hours when the banks are open. We anticipate our customers will appreciate the choice and that it will help give our business a competitive edge.”

FAI anticipates record sales across the business for 2022, with consolidated group revenues of more than 120 million euros. The group expects to see a more moderate growth forecast at 8-10 per cent per annum over the next five years.

Other News
 
Luxury collaborations, or how to win clients and influence people
January 28, 2025
To paraphrase Warren Buffet, partnerships are an emotional alliance between two companies that are committed to each other’s success, while author Amit Ray prefers that collaboration is the essence of life.
FAI Technik completes significant Challenger 604 inspection
December 19, 2024
A rare 7,800 landings inspection on a Bombardier aircraft demonstrates FAI Technik’s advanced MRO capabilities, with the operation taking over 6,000 manhours.
FAI earns top award at Middle East gala
December 19, 2024
FAI has scooped another award to add to its IS-BAO and EURAMI recognitions. MEA Business has named it as the most innovative air ambulance service, ensuring that the hard work from its 70-strong team pays off.