Squire Patton Boggs has advised Indra on the formation of Igonair, a new joint venture established with NATS, the UK’s leading air navigation service provider, to develop technology solutions aimed at improving the efficiency and operational capacity of airport control towers.
The new company, which is 51% owned by Indra, will be headquartered in Spain and has been created to advance cutting-edge digital automation tools designed to optimise air traffic management at airports facing increasing congestion and operational complexity.
The partnership combines Indra’s technological expertise in air traffic management (ATM) systems with NATS’ operational experience at some of the world’s most complex airports, including Heathrow and Gatwick. The joint venture aims to develop solutions that increase airport capacity, enhance operational coordination and address the challenges arising from growing air traffic volumes and an increasingly demanding operational environment.
Through Igonair, both companies are already exploring a range of business opportunities in international markets, including Spain, the United Kingdom, the Middle East, the United States and Asia, against a backdrop of growing demand for advanced solutions that enable more efficient air traffic management.
The Squire Patton Boggs team advising Indra on the transaction was led by partner Rocío García, supported by senior associate Luis Gutiérrez and associate Elena Ferrer from the firm’s Corporate and M&A practice.
About NATS
NATS is the UK’s leading air traffic control service provider. Each year, we manage more than 2.5 million flights and 250 million passengers travelling within the UK and across the North Atlantic. If you have travelled on a commercial flight that passed through UK airspace, there is a strong likelihood that we managed your flight.
Outside the UK, we provide air traffic control services to customers including airports, airlines, air navigation service providers and governments. We currently deliver these services across parts of Europe, the Middle East, Asia and North America.
About Indra Group
Indra Group (www.indracompany.com) is Spain’s leading multinational company and one of Europe’s foremost groups in defence and advanced digitalisation. It holds a leading position in the fields of defence, space, air traffic management, mobility and transformative technologies through Minsait, while integrating its sovereign AI, cybersecurity and cyber defence capabilities under IndraMind.
Indra Group is driving a safer and more connected future through innovative solutions, trusted relationships and top talent. Sustainability is an integral part of its strategy and culture, enabling the company to address current and future social and environmental challenges. At the end of fiscal year 2025, Indra Group reported revenues of €5.457 billion, maintained a local presence in 46 countries and conducted commercial operations in more than 140 countries.