Latvian airline airBaltic has just announced its plans to launch a new NFT collection called Planies. This collection will launch in May 2022 and consist of 10,000 unique cartoon aircraft designs.
In addition to owning a unique NFT, the NFT holders will receive airBaltic Club points and other loyalty programme benefits. Martin Gauss, the airline’s Chief Executive Officer, explains the airline’s vision: “We have seen a high interest in our initial NFTs, the airBaltic City Collection, and now we are taking the next step. By providing additional benefits like frequent flyer points or certain vouchers, we give added value to the collectors. It is the first step towards preparing the airBaltic Club loyalty program for crypto tokenization in the future.”
He continued, “With Web 3.0 arriving shortly, airBaltic is preparing to develop token-based economics for its frequent flyer program. The NFT technology will help to further digitalize processes not only within our loyalty programme; but also in various other airline processes, thus reducing costs and making our work easier. The different NFT Planies will also be featured in the on-board entertainment materials for kids and youngsters, as well as in airBaltic’s advertisements.”
What does airBaltic’s NFT collection include?
The Planies NFT collection will include unique aircraft artworks. Each aircraft will have different characteristics, such as different engines, wings, mouths, etc. airBaltic will be releasing the 10,000 NFTs on a dedicated website. After the initial period, it will be possible to mint them on OpenSea.
airBaltic is the first airline to offer NFTs. It follows Emirates’ blockchain-based digital health passport, which were trialed during the peak of Covid-19.