IsraJets, a private aviation operator with operations in the United States, Israel, and Cyprus, has chosen Airwallex for its financial infrastructure.
The integration enables IsraJets to handle payments across multiple currencies and jurisdictions through a single platform, aiming to streamline cross-border transactions and reduce operational challenges.
IsraJets officials stated that their previous reliance on traditional banking systems was becoming increasingly incompatible with the company’s dynamic business model, which often requires prompt travel confirmations and immediate fund transfers. The firm frequently manages bookings and vendor payments in different time zones and currencies, necessitating faster settlement times than those provided by standard financial channels.
With the new system, IsraJets can accept customer payments using multicurrency virtual IBANs from more than 16 countries or through credit cards while also handling staff and supplier disbursements via the same interface. According to company representatives, this switch has led to reduced transaction costs and lower currency conversion fees, in addition to significant time savings by streamlining manual processes.
Plans for Automation and API Integration
IsraJets is now planning to enhance its use of the platform by integrating Airwallex’s API functionality. This would enable further automation of payment workflows, supporting the company’s expansion into Europe and the Gulf region. Representatives noted that the aim is to increase operational scalability and improve financial visibility as the company prepares to expand its range of travel services.
An Airwallex spokesperson commented that IsraJets’ business model underscores the need for fast, flexible financial infrastructure capable of real-time transaction capabilities, including multicurrency payments, vendor payouts, and card issuing.
IsraJets, which offers private jet charter and management services to business and VIP clients, said the platform has also helped reduce reliance on technical staff due to its user-friendly interface. The partnership supports IsraJets’ efforts to maintain service continuity while scaling operations in regions such as Israel, Saudi Arabia, and the UAE, where demand for private aviation is growing.
