Say goodbye to paper airline tickets. Giovanni Bisignani, director of the International Air Transport Association (IATA) and an FP contributor, said on Monday that the organization, which operates 94 percent of the world's international flights, had placed its very last order for paper tickets.

By June 1, 2008, they'll be 100 percent reliant on e-ticketing.

The good news: 50,000 trees will be saved each year as a result.

The not-so-good news: "Bisignani did not say whether the $9 in cost savings [per ticket] would or should be passed on to passengers."

Duh! To the pockets of the airlines!