Phenix Jet Cayman has partnered with licensed institutional stablecoin payment solutions provider Deus X Pay, enabling clients to pay for private flights using cryptocurrency.

The partnership allows transactions to clear instantly 24/7, including weekends and bank holidays, with lower fees, no hidden costs and full regulatory compliance under FINTRAC, FAU and Lithuanian licensing. Providing global flexibility, the solution is ideal for high-net-worth travellers who value speed and convenience.

Phenix Jet Cayman specialises in bespoke private jet services, including business jet management, maintenance and global charter flights, and this collaboration brings cutting-edge crypto solutions to the skies.

Andrew Svoboda, CEO of Phenix Jet Cayman, comments: “In an industry where luxury and convenience define excellence, this integration enables us to effectively meet the growing market demand for flexible, borderless transactions. By adopting crypto payments, we're not just keeping pace with change; we’re advancing the future of elite air travel, ensuring our clients experience unmatched convenience, security and efficiency at every step.”

“Working with Phenix Jet Cayman showcases our mutual goal of modernising payment processes in the luxury travel sector. Our cryptocurrency solutions will not only simplify transactions but also provide Phenix Jet Cayman's clients with secure, efficient payment options that meet the demands of today's evolving landscape,” adds Richard Crook, CEO of Deus X Pay.

With offices in Hong Kong, Tokyo, Singapore, the Cayman Islands and Guam, Phenix Jet Cayman operates a diverse fleet of 19 business jets, including a BBJ and several Bombardier Global 7500s.