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"Airlines Nix Paper Tix"
Tuesday, June 8, 2004
AIRLINES NIX PAPER TIX AIRLINES TO RIP UP PAPER TIX BY 2007
The New York (NY) Post
Paper airline tickets will soon be a thing of the past.
The world's major airlines plan to phase out paper tickets in favor of
electronic ones by the end of 2007 in an effort to cut costs.
The airline industry has lost more than $30 billion in the past three
years in the wake of 9/11, the war in Iraq and SARS. Rising oil prices
pose another threat to the beleaguered industry.
The paperless ticketing scheme could save up to $3 billion annually,
according to the International Air Transport Association, whose members
account for most of the world's air traffic. The move was announced at
the organization's annual meeting in Singapore yesterday as one of a
number of initiatives intended to slash costs, paperwork and hassles.
Other plans include moving to all self-service check-ins, home printing
of boarding passes and using luggage tags with RFID technology.
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