Inmarsat, the UK satellite operator is set to offer free basic tracking service to all the passenger airliners in the world.
According to the BBC, the offer follows the case of Malaysia Airlines flight MH370, which disappeared without trace on 8 March. The missing jet used the Inmarsat equipment, the pings from which lead investigators to search for the plane's wreckage in the Indian Ocean.
Inmarsat senior vice-president Chris McLaughlin said that the company's equipment is on 90 percent of the world's wide-body jets already, adding that this is an immediate fix for the industry at no cost to the industry.
The company announced its offer ahead of a conference on aircraft tracking being hosted by the International Civil Aviation Organization (ICAO) in Montreal, Canada, on Monday, the report added.