After looking around a little more I found out about the ADS-B
http://en.wikipedia.org/wiki/Automatic_Dependent_Surveillance-Broadcast system. That would be a great help! Maybe in the next decade ...
CuriousG wrote:
DATA TRANSPONDERS
Many of today's airliners start providing increasing amounts of in-flight amenities, such as WiFi and phone service and I am amazed that there is no transponder signal in place that sends at least aircraft ID, GPS coordinates, airspeed, groundspeed, altitude, and attitude information (very few bits in total) via a satellite up-link (or HF backup) to something like an oceanic ATC center and via VHF (or something similar) to surrounding aircrafts (of which there were several during AF447's final hours). Essentially a beefed up collision avoidance system. If this would be built in a decentralized system with each plane being able to relay the surrounding planes information if satellite reception for one of them is lost, I imagine this would be a very solid system. Is this lacking due to technical or financial restrains? I am blown away by the cheapness of some intercontinental flights these days (they hardly seem to pay for gas) and would not mind paying the extra bucks for a little added safety.