Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Air Baltic becomes first airline to accept Bitcoin payments

Jul 22, 2014
From wire reports, RIGA

Air Baltic becomes first airline to accept Bitcoin payments

Latvian national airline AirBaltic has become the world’s first airline to accept Bitcoin payments.

"Introducing the Bitcoin payment option is a part of our innovative approach to service with a central focus on our customer,'' said Martin Gauss, AirBaltic'' Chief Executive Officer.

Bitcoin, a software-based payment system introduced in 2009, means payments are recorded in a public ledger with bitcoin as its unit of account. Bitcoin payments are accepted by other companies including WordPress.com, Overstock.com, Expedia, Dell, and others.

The ticket prices on the website will be displayed in euros. However,  when AirBaltic' customers pay for their flight, their ''bitcoins'' are converted into euros at the current exchange rate. 

AirBaltic serves sixty destinations from its home base in Riga. The airline is a joint stock company established in 1995. The primary shareholder is Latvian state with 99.8 percent of stock. The AirBaltic fleet consists of 25 planes - five "Boeing 737-500", eight Boeing 737-300" and twelve Bombardier Q400Next Gen".

 MORE NEWS
  • Lithuania PM to seek new busin...
    Lithuanian Prime Minister Algirdas Butkevicius, who is planning a visit to the Uni...
  • Estonia’s richest people revea...
    Estonia's richest man has been revealed. Businessman Oleg Ossinovski who o...
  • Lithuanian traders should focu...
    Lithuanian traders should focus of developing solid business ties with a Chinese c...
  • Captured Estonian agent wanted...
    Captured Estonian intelligence official Eston Kohver was trying to obtain Russi...
  • Russian navy ship spotted near...
    Latvia's national armed forces say they have spotted a Russian navy ship tr...
  • Lithuanians and Poles fighting...
    Lithuanian and Polish citizens are fighting for pro Kiev forces in eastern Ukra...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.