You don't have to access this menu each time you want to use your Aether Compass to seek out nearby Aether Currents. You can drag it onto a hotbar for quick and easy access while you're running around Sharlayan or even lower expansion zones trying to unlock flying.

Is there an Aether Compass in Endwalker?

Now your Aether Compass is found under the "Duty" menu, then choose "Collections" (shown in the images above). The Aether Compass is right there and can be re-assigned to your hot bar for easy access.

How do I use Aether Compass?

Final Fantasy 14 Aether Currents: Using The Aether Compass

Simply use the item like any other ability on your hotbar, and the compass will tell you the direction and distance of the nearest Aether Current.