Emirates Airlines, one of the most well-known airlines in the United Arab Emirates (UAE), has announced that it will accept Bitcoin as a payment method for passengers flying with the airline, which is ranked #5 among the top 20 airlines by Airline Ratings.
The announcement was made by the company’s chief operating officer (COO), Adel Ahmed Al-Redha, who stated that “bitcoin as a payment option” would be available soon. He also mentioned that non-fungible token (NFT) collections will be available on the airline’s website.
Reports of the airline’s plan to embrace bitcoin as a payment option come just a few weeks after the airline revealed its NFT and metaverse plans. The company’s goal with the metaverse launch is to ensure the airline is “aligned with the UAE’s vision for the digital economy.”
Al-Redha stated the airline sector had recovered well, as seen by the increased number of passengers. However, he noted that the greatest problem is the availability of resources across the network, but that they “are in a better position than other nations because of the accessibility.”
UAE with its recent developments aims to stand at the forefront of crypto adoption. The country has been very welcoming to digital assets and their underlying technology.