Oireachtas Joint and Select Committees
Tuesday, 17 June 2014
Joint Oireachtas Committee on Transport and Communications
Irish Aviation Authority: Chairperson Designate
5:40 pm
Ms Anne Nolan:
We made a €30 million investment this year, giving us a 6% share in the company. NAV CANADA, the air navigation services provider in Canada, holds a 51% share. A private company called Iridium, which I understand is American, holds a 24.5% share. ENAV, which I believe is Italian, holds a 12.5% share. Our Danish colleagues in Naviair hold 6%. Space based, the technology will solve the dreadful problem experienced by flight MH370. We hope it will increase possibilities for our business to develop in the years to come.