Sarah Rose (they/them) is a news writer and reporter for AIN. 
Prior to AIN, Sarah worked as a journalist for Georgia Public Broadcasting, Georgia&#039;s statewide NPR and PBS affiliate. They have also worked for several national nonprofits and as a legislative assistant in U.S. Congress. As an openly nonbinary reporter, they are a proud member of the Trans Journalists Association. 
Sarah is a 2012 graduate of Kennesaw State University.

News Writer

Sarah Rose

Jetcraft has partnered with CoinPayments, a blockchain-based digital payments platform, to introduce cryptocurrency payment options for business aircraft transactions. The company says this is the first large-scale integration of crypto payments in the private aviation sector, although some charter operators have been accepting cryptocurrency purchases.
According to Jetcraft and CoinPayments, the collaboration will allow clients to use a broad range of digital assets when buying or selling aircraft. The companies state that CoinPayments’ infrastructure offers real-time payment verification, automated currency conversion, and compliance with financial regulations, including anti-money-laundering policies. Integration into Jetcraft’s accounting systems is expected to streamline escrow processes and reduce transaction delays.
The partnership is aimed at meeting growing demand among high-net-worth individuals and corporations, particularly in tech and entrepreneurial sectors, seeking to use digital assets for premium services.
“This represents a significant milestone in cryptocurrency adoption within high-net-worth markets,” said Alex Alexandrov, chairman of CoinPayments. Jetcraft owner and chairman Jahid Fazal-Karim added that the initiative reflects the mindset of the company’s forward-thinking clientele.
However, the move comes with potential hurdles. Cryptocurrency volatility and an uneven global regulatory landscape may complicate broader adoption. Additionally, the private aviation industry’s traditionally conservative financial practices could limit early traction.
Nonetheless, Jetcraft and CoinPayments say they are committed to expanding digital asset utility while offering greater flexibility and security to their global customer base.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

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News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

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