Know how many bags get lost at airports? Last year, the number hit a staggering 34 million globally, according to numbers from international transport association IATA.
This cost the aviation industry $3.6 billion. One way to reduce the amount of mishandled luggage could be to switch from today's widespread bar-code tagging system to more sensitive radio frequency identification (RFID) tags. The IATA estimates that $200 million could be saved each year by such a swap at the world's top 80 airports.That is exactly what RFID manufacturers like Alien Technology are dreaming about. With updated chip technology announced Monday, the Morgan Hill, Calif.-based company is targeting the aviation and pharmaceutical industries.
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