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Airplanes. Italian ENAV invests in satellites for air traffic management

Rome, Italy - With USD 61 million

ENAV, the Italian Air Navigation Services Provider, with an investment of USD 61 million has acquired 12.5% of AIREON, a US Company -part of the IRIDIUM Group- that, by 2018, will create the first global satellite surveillance system for air traffic management. The Italian provider took a stake in the capital of AIREON in partnership with NAV CANADA, a Canadian service provider with a 51% stake,...

fra/pec - 1157285
Rome, Italy, 12/20/2013 14:36
AVIONEWS - World Aeronautical Press Agency

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