Category: Airline

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Singapore Airlines launches a decentralised air miles programme

Categories Blockchain, Cryptocurrency, Aviation, Payments, Airline, DLT

Singapore Airlines launches a decentralised air miles programme

Singapore Airlines has officially launched its blockchain-based loyalty programme for frequent flyers.

A digital wallet called KrisPay was developed in collaboration with KPMG and Microsoft and it allows customers of Singapore Airlines to turn travel miles into units of payment. These units can then be spent with partner merchants throughout Singapore. The best bit about the project, however, is the fact that the KrisFlyer programme works via the blockchain in terms of underpinning the clients’ loyalty wallets.

Any customer that signs up for the programme is able to download the application on their mobile device before turning their air miles into KrisPay units. They can then use these units to pay for a range of products and services by scanning a QR code at the point of sale.

So far, Singapore Airlines have announced 18 partners in Singapore such as bars and restaurants, beauty salons, petrol stations, and shops including LEGO. They are expecting the onboarding of more partner merchants in due course and the airline will be offering discounts for users that adopt the programme in its early stages.

The KrisPay programme was announced back in February after conducting various successful proof-of-concept trials with KPMG and Microsoft. Days ago, the airline was announced as the best airline in the world by Skytrax in London and they have fought off stiff competition from the previous winner, Qatar airlines.

But this is not the first example of airlines using blockchain technology. One year ago, Russia’s biggest airline S7 announced that it would be issuing tickets over the Ethereum blockchain with support from Alfa Bank, the countries largest banking institution.

Due to these two proven use-cases, it is expected that many other airlines will look to adopt blockchain technology into various aspects of their operations.

 

If you have any questions in relation to ICOs, please contact us on [email protected]

 

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Hi Fly registered the largest Airbus to date – A380 in Malta

Categories Aviation, Malta, E&S Group, Hi Fly, Airbus, Airline, Malta Aircraft Registry

Hi Fly registered the largest Airbus to date – A380 in Malta

E&S Group is excited to announce that its client Hi Fly has purchased the largest Airbus – A380.

 

Our client, Hi Fly, has registered the largest aircraft to date in Malta, Airbus A380.

Being the largest widebody aircraft wet lease, Hi Fly has a number of aircraft registered with the Malta Aircraft Registry. Hi Fly praises itself on its wet lease services, offering short, medium and long-term contracts to airlines, governments, tour operators, companies and individuals.

Airbus 380

The European manufacturer Airbus designed Airbus 380 to compete with their American competition, Boeing. This double-deck, wide-body, four-engine jet airliner is the world’s largest passenger airliner. Airports have to be fully equipped with adequate facilities to accommodate such airline.

 

If you would like to register your aircraft in Malta, E&S Group is here to help. We offer step by step procedures to register your aircraft in Malta, please visit this link here. You can contact us at [email protected] or  +356 2010 3020.

 

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