I am still mystified by how the "economics" of this whole thing works, but it seems that a blade cutting machine for jet engines may be able to help cut the cost of airfare (something desperately needed as they seem to be milking every dollar/shekel out of our pockets).
(Globes Online) Iscar Ltd. subsidiary Shafir Production Systems Ltd. will unveil at 19th International Exhibition for Technology Developments 2007computerized production systems, including a robot for sharpening jet engine turbine blades that it developed for Rolls-Royce (LSE: RR). Shafir said the system could cut airfares. The company said the precision in production could slash fuel costs, savings that airlines could pass onto passengers.
Everybody whose anybody (or at least travels to meet other bodies) will definitely appreciate the savings in their wallets. There is no word which companies are set to use this new piece of technology, although I wouldn't be surprised if some of the newer airlines picked this up first before the older ones.
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