Aireon is a US LLC. Its business strategy is based on the sale of satellite-based air traffic surveillance data, mainly to ANSPs but also to others, including airlines and flight handling companies.
The extremely precise surveillance data mean that use of the airspace over oceans and remote areas can be optimised and that air traffic can be managed far more efficiently than before. This, in turn, will mean considerable fuel savings for airlines, resulting in significant environmental benefits in the form of reduced emissions from aircraft and increased airspace capacity. In addition, the Aireon system will contribute to improvements in the safety area, as, in the future, aircraft will be far less likely to vanish without a trace.
Naviair is one of the partners in Aireon, with a 4.4 per cent ownership interest. The other investors are the US telecommunications company Iridium Communications Inc. (35.8%) and the ANSPs NAV Canada (37.2%), Italian ENAV (9.1%), the Irish Aviation Authority (4.4%) and UK NATS (9.1%).