Press Release

Issued by Global Charter.

November 19, 2024

In a ground breaking move that ushers in a new era for private aviation and cryptocurrency integration, Global Charter, a private jet company with headquarters in both the UK and USA, has successfully brokered the world's first Bitcoin-to-Bitcoin sale of a Gulfstream G200, valued at $5.7 million. This historic transaction, conducted entirely in Bitcoin without third-party exchanges or intermediaries, sets a bold new precedent for secure, high-value cryptocurrency purchases in aviation and solidifies Global Charter's leadership in shaping the future of private jet sales.

“We're excited to lead the way with this Bitcoin-only transaction,” said Harry Morgan, CEO and founder of Global Charter. “Our mission is to enhance private travel with flexible, client-focused solutions, and this sale marks a significant leap forward in securely integrating digital assets into luxury aviation.”

The Bitcoin-only transaction exemplifies Global Charter's commitment to shaping the future of aircraft acquisition. As an innovator in the field, the company is redefining how jets are bought and sold, setting the standard for the industry in the years to come. This achievement also reflects the changing landscape of private aviation, with an increasing focus on customisation, flexibility and sustainability. Since the pandemic, private flight demand has surged by over 40%, with a 20% rise in ownership as clients seek more tailored travel experiences.

“This deal showcases the transformative potential of cryptocurrency for high-value transactions and strengthens Global Charter's dedication to delivering cutting-edge, client-centric solutions,” added Harry Pike, senior charter manager at Global Charter's Miami office.

Global Charter meticulously managed every step of the three-month transaction, from thorough aircraft inspections to the seamless Bitcoin payment transfer, ensuring both the buyer and seller could engage with full confidence in the Gulfstream G200's quality and adherence to industry standards.

“This achievement further reinforces Global Charter's leadership in the future of aircraft acquisition,” said Dan Hurley, COO and founder. “As pioneers in this space, our Bitcoin transactions reflect Global Charter's desire to lay the foundations to support the way aircraft exchanges will be performed in the future.”