Iridium Communications (IRDM -1.8%) receives approval from the FAA for its satellite data...

|About: Iridium Communications Inc (IRDM)|By:, SA News Editor

Iridium Communications (IRDM -1.8%) receives approval from the FAA for its satellite data service to be used by airliners to save fuel, reduce emissions and improve the ability of planes to maneuver around storms. United Continental (UAL -2.1%) plans to outfit 150 planes with equipment from the firm, and other airliners may follow.