Apparently, the FAA has been sitting on a plan to implement GPS for airlines for over ten years. The details appear to be really incredible; despite the fact that most luxury cars have this, and despite the fact that the satellites are already up there, they're claiming that implementing GPS for airliners will require a new set of satellites and about $200,000 per plane, adding up to about $35 billion overall.
You, the taxpayer, will get to pony over $20 billion of this, while airlines will get to keep all of the $10 billion annually they'll save on fuel.
Call me simplistic, but I have to point out that military jets have been using the present GPS units for about two decades. I don't really think that they system is going to require new satellites, $20 billion from taxpayers, or $200k per plane to implement if they take a few hints from the good folks at OnStar.
1987 Stock market crash - 30 years on - Black Monday (1987) - Do I remember? You betcha - Where was I? Hospitalized at Craig Hospital, Denver (recovering from a broken neck) -...
5 hours ago