EANA, Argentina Announced to Invest USD121 Million in Air Navigation Services

Argentina: Empresa Argentina de Navegación Aérea S.E. (EANA), a subsidiary of Ministry of Transport, Argentina has taken control over country’s air traffic service, and announced to invest USD121 million in Air Navigation Services (ANS). The ANS include various functions of Air Traffic Management (ATM), such as Aeronautical Communications (COM), Aeronautical Information Service (AIS), Air Traffic Service (ATS), Search and Rescue (SRA), etc.

EANA aims to enhance national and international air links with the creation of optimal operational conditions along with monitoring of aeronautical activity is performed within the Air Navigation Public Service’s framework (ANPS). With growth in air traffic, the efficiency of air navigation system would play a crucial role in flying people more safely, and thus allowing airlines to fly more effectively and efficiently.

TechSci Research depicts that with growth in number of airplanes in air along with emergence of rapid demand for single-aisle airplanes by airline companies coupled with reduced separation space between airplanes; reduced number of crossing tracks; growth in direct routings; etc. would drive the market for air navigation services during the forecast period in the world.

According to the recent report published by TechSci Research, “Global Traffic Management Market By Transportation Mode (Roadways, Railways and Airways), By System Type (DTMS, UTMCS, ATCS, IDLS, JTMS, PTMS, etc.), By Region, Competition Forecast and Opportunities, 2011-2021”, global traffic management market is projected to surpass US $ 22 billion by 2021. In 2015, North America was the leading regional market for traffic management due to implementation of stringent government initiatives supporting use of Intelligent Transportation System (ITS), growing need to reduce traffic congestion and accidents, coupled with increasing utilization of traffic data for traffic control in real-time. On account of rising population, growing demand for public transit vehicles, surging automobile sales, and rising demand for air travel, Asia-Pacific is expected to witness the fastest growth in its traffic management market during the forecast period.