The Aviation Factory: first leading private jet broker in Europe to accept cryptocurrency payments
22 February 2021 – The Aviation Factory (TAF), the Belgium-based aviation company is the first principal aviation broker in Europe to accept payments in cryptocurrency. Anyone who wants to rent a private jet can now also pay in bitcoin, ethereum or other cryptocurrencies.
The Aviation Factory has a high-performance computer system that can monitor the availability of thousands of aircraft worldwide. The underlying database contains more than 3360 private jets. Customers can enter the desired route on the TAF website. The aviation broker’s “private jet calculator” then provides interesting price proposals.
“During the lockdown, many young people took an interest in share and cryptocurrency trading. Some of them did not shy away from the risks and made huge profits. These millennials are living in the present and have no qualms about booking a private jet to celebrate their success,” said Carl Legein, CEO of The Aviation Factory. “A new group of private jet users has actually emerged: the ‘Robinhood generation’, named after the well-known stock exchange app. Some customers asked whether they could pay for their flight in crypto. That is from now on possible. In addition to bitcoin, The Aviation Factory also accepts ethereum and some other cryptocurrencies as a means of payment.”
The Aviation Factory was founded in 2000 and is specialised in customised air transport. The head office is established in Antwerp, Belgium. The company also has offices in the Netherlands, France, Spain, Portugal, the Czech Republic, Kuwait and Saudi Arabia. TAF currently employs 20 brokers. Over the past two decades, the company has grown to become the Benelux market leader and one of the leading aviation brokers in Europe.
The Aviation Factory annually organises more than 3,000 flights for product launches, incentives, sports charters, transport for conference attendees, government officials and VIPs. During the corona crisis, the company reinvented itself by becoming active in the cargo sector (a.o. mouth mask shipments) and by helping with urgent crew changes for ships, repatriation of stranded passengers and other essential flights.