THe airline industry is looking at Europe's satellite navigation system, dubbed Galileo, with a good deal of caution. This is understandable in view of the industry's day-to-day preoccupation with rising fuel prices, falling fares, escalating user fees, increasing environmental regulation, excess capacity and security issues. Additionally, Galileo will not become operational before 2008, a very long timescale in today's airline business. Yet if it lives up to its promise, it finally ...

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