In this September 2024 edition of our newsletter, we bring you a
concise analysis of the rapid growth in India's civil aviation
sector, now the world's third-largest domestic market. As the
industry evolves to improve connectivity, enhance operational
efficiency, and embrace sustainability, we highlight key regulatory
changes, major infrastructure approvals, and recent legal
precedents that are shaping the future of aviation in India and
globally.
We hope this issue offers valuable insights as we continue to
track the latest developments and opportunities in this dynamic
sector.
Key Updates – India
(a) SpiceJet aims for 100 aircraft by the end of 2026
September 27, 2024 – SpiceJet has successfully raised Rs
3,000 crore through qualified institutional placement
("QIP"). The share sale which involved
over 48.70 crore shares price at Rs. 61.60 each, attracted
significant investments from major entities such as Societe
Generale, Goldman Sachs (Singapore),