This website uses cookies
More information
Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.

Why visit ACE ’24?

Related background information from the Handbook...

Monarch Air Group

Charter Brokers

BAN's World Gazetteer

The monthly news publication for aviation professionals.

Request your printed copy

Monarch puts crown on cryptocurrency culture
Monarch Air Group has seen a 32 per cent rise in cryptocurrency transactions year-over-year.

Monarch Air Group has been accepting cryptocurrency as a form of payment since 2017.

Reporting a 32 per cent rise in cryptocurrency transactions this year to date, CEO David Gitman attributes the increase in these transactions to the escalating value of cryptocurrencies and the downward movement of private charter prices. Combining these factors provides an overall higher value to the customer.

Additionally, the group's online quoting tool simplifies the booking process by offering personalised quotes instantaneously. By utilising this technology, customers can browse available charters in real time and make selections based on factors such as price, aircraft amenities, type and model, age, cabin size, location and dates, and passenger count. They can easily pay with Bitcoin or with any other popular cryptocurrency.

The integration of Monarch's online quoting tool supports the growing trend of digitalisation in luxury travel services, offering customers easy access to private jet charter rates while maintaining a high level of personal service. The application follows Monarch's 2017 decision to accept cryptocurrency as payment to help enhance and streamline the booking process.

Other News
Elevate opens shop at Rocky Mountain in Colorado
July 13, 2024
With other companies closing their Denver operations, Elevate aims to tap into the region's talented pool of aviation technicians and industry veterans, offering aircraft owners a new local management option.
NATA elects three new members to board
July 1, 2024
FlyUSA offers cashback for loyal clients
July 1, 2024
Avcon Jet commits to SD Plane Simple fuselage mount ESA terminal
June 3, 2024
With Avcon Jet, SD can demonstrate the advantages of working with the multi-faceted Plane Simple portfolio of antenna systems to fulfil the demand for high-speed connectivity across a broad portfolio of airframes.