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Re: lowman post# 98906

Sunday, 08/26/2012 10:02:52 PM

Sunday, August 26, 2012 10:02:52 PM

Post# of 232507
I would love to see the shoe contracts, but the sheer number of luggage is staggering. What a huge market by itself.

Over a dozen international airports have already implemented RFID baggage tag solutions. Two of the most prominent are Las Vegas and Hong Kong. At McCarran International Airport in Las Vegas, bar code scanners would fail to read up to 30% of tags, but RFID is missing reads less than 1% of the time. Hong Kong International Airport has seen accuracy improvements from 80% for bar code tags to over 97% for RFID tags. This has enabled more automation and less lost luggage.

The International Air Transport Association (IATA) estimates more than $733 million savings by airlines alone can be realized through RFID adoption when fully implemented. On a per bag basis, IATA and others estimate that a mishandled bag costs an airline $90-$100. That translates into millions of dollars of annual savings for large airports adopting RFID. Smaller airports can save hundreds of thousands of dollars and make their facilities more attractive to domestic and international airlines.

Do not confuse your path with your destination. Just because it is storming doesn't mean you are not headed for sunshine.