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So it's no surprise that when Hod retired in 1993, he did not decide to move to a villa in Cae- sarea and spend his golden years caring for his grandchil- dren and playing golf. Instead, he obtained a doctorate in busi- ness administration and became a partner in Inflight Financial Services, the company that has developed the first machine to allow airplane passengers to ex- change money mid-flight. Understated and avuncular, Mr. Hod, 69, speaks animated- ly about his latest project. "This is a different adventure all to- gether." "In 1996, close to 400 million passengers will be flying around the world. If you think about this as a stream, then if some- body needs to change money, he needs to get away from the stream and go to a bank. We've designed a concept (that will bring) the bank into the stream." Created for airplane aisles, the Aero-Cash machine looks like a duty-free trolley. As stew- ards wheel the cart through the plane, passengers will be able to swipe their credit cards or insert dollars into the machine in ex- change for their destination's lo- cal currency. The commission- free service will allow tired pas- sengers to bypass expensive air- port money changers. Hod said Inflight Financial Services, an Israeli company, is currently negotiating with sev- eral unspecified international airlines for the right to put the machines on board. Although El Al rejected the proposition and the Bank of Israel gave the com- pany the runaround before granting Inflight authorization to change money, land-bound versions of the changers were recently installed at 10 of Ben- Gurion Airport's exit gates. "We are working with the two most conservative organizations, banks and airlines. They don't know how to work creatively," said Mr. Hod, adding that proof of Aero-Cash's potential can be seen with the land-bound chang- ing machines. In their first 24 days of operation, during the slower winter months, the ma- chines changed a total of $500,000. Creative thinking and a will- ingness to take chances have characterized most of Mr. Hod's adventure-filled life. In 1944, at the age of 18, Mr. Hod, a fourth- generation Israeli from Kibbutz Degania, joined the Jewish Brigade of the British army and went to Europe to help fight the Nazis. When the brigade dis- banded in 1947, Mr. Hod stayed