ARINC, as it is known today, was incorporated in 1929 as Aeronautical Radio, Incorporated. It was chartered by the Federal Radio Commission (which later became the FCC) in order to serve as the airline industry’s single licensee and coordinator of radio communication outside of the government. The corporation’s stock was held by four major airlines of the day. Through most of its history, ARINC was owned by airlines and other aviation-related companies such as Boeing until the sale to Carlyle Corporation.
ARINC also developed the standards for the trays and boxes used to hold standard line-replaceable units (like radios) in aircraft. These permit electronics to be rapidly replaced without complex fasteners or test equipment, usually returning the aircraft to service in a short time.
See ACARS – Aircraft Communications Addressing and Reporting System
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