RFID bag tag inlay costs decreased three times in the last decade
A lot of changes happened. Airlines have long found RFID too pricey, but the cost has dropped significantly. Currently, McCarran International Airport in Las Vegas pays only 12 cents for each RFID tag, down from 21.5 cents a decade ago. Traditional, paper bag tags cost the airport 3 cents. Now, the bag tags with embedded RFID inlay cost less than 10 cents each, including the cost of RFID inlay as low as 3.5 cents.
The cost of a bag tag consists of the cost of a regular paper bag tag and the cost of a RFID inlay. With the matter of time, the costs of RFID inlays decreased dramatically. And further reduction continues. This attracts attention to RFID-based solutions as airlines and airports can afford such investments these days.
Continuing successful business cases for RFID applications after retail and logistics, the air industry has its own pioneers and enthusiasts, such as Delta Airlines, Qantas, and the airports, such as Hong Kong International Airport, Las Vegas McCarran.
Taking into account the upcoming effective date of IATA Resolution 753 in June 2018, mandating airlines to track their baggage along the air journey, the interest in a proved and successful RFID tracking technology is growing.
Anticipating the growing demand for accurate, reliable, and pro-active baggage tracking, Longest Chance in collaboration with IATA has developed and successfully proved the Hand-to-Hand RFID Baggage Tracking System (HHRBTS) to meet the requirements of IATA Resolution 753.
The highest level of bag tag readability at 99.99%, incredible scalability, and pro-active approach – all those excellent features were checked and approved by IATA and recommended for use in the air industry.