Explore Crisil, a company of S&P GlobalFormerly known as Market Intelligence & Analytics
Formerly known as Market Intelligence & Analytics
Aviation
Aviation remains one of the fastest-growing segments in the transportation industry. The global network of airports and airlines not only provides rapid transport but also is a key contributor to economic growth and job creation.
Driven by strong demand for air passenger and cargo traffic in emerging markets such as India, the aviation sector’s growth is projected to accelerate. The Government of India has identified a list of new airports to be developed in the country and is focusing on air connectivity to Tier 2 cities, aligned with socio-economic growth.
It is also actively awarding already developed airports to the private sector through public-private partnerships (PPPs), leveraging city-side development. Other emerging markets, such as Southeast Asia, have a similar focus.
Over the years, Crisil has been an active participant in India's transformation into one of the largest aviation markets globally.
Leveraging our global presence, in-depth understanding of the sector and market dynamics, and analytical expertise, we offer strategic insights and a comprehensive range of services to help stakeholders navigate the dynamic landscape of the aviation sector.
Our team of experts has hands-on experience in policy-level interventions, institutional frameworks, regulatory compliance, project conceptualisation, investment planning, and project structuring, management and implementation.
The services we offer
Demand forecast and traffic studies (passenger and cargo)
Business strategy and planning
Policy support and regulation navigation
Project concept and feasibility studies
Tariff determination
advisory
Customised sector research and insights
Master planning and
design
Project management and monitoring
Performance measurement and operation efficiency
PPP structuring and financial analysis/bid advisory
Vendor assistance and transaction advisory
Disaster resilience and mitigation
Fund raising
Asset monetisation
Investment strategy
Climate change adaptation
We have extensive experience working with various central, state and local government agencies, large private sector investors, international and domestic airport operators, multilateral and bilateral agencies, and other stakeholders in the aviation sector, including engineering and logistics service providers.
Impact Cases
A global airport operator intends to enter India
We have been a part of the evolution of India’s airport sector and have seen various generations of PPP projects. Our team can identify and evaluate investment opportunities that align with the interests of the global player.
Our team can also provide an end-to-end transaction advisory service to assist the global player in bidding for specific opportunities. If required, we can use our extensive global network to bring potential partners on board.
The Government of India has a considerable pipeline of projects in the airport sector for development as well as operations. The models are unique, and we can help reach the right opportunity.
An Indian airport developer and operator is looking to develop a comprehensive strategic plan for the sector, covering India and select international geographies
We bring blue-sky thinking to evaluate both the organisation and market context, as well as futuristic themes, to develop an action-oriented strategic plan.
We can also assist in the implementation and monitoring of plans through our expert team of programme managers to ensure the organisation achieves its visions and goals.
Some large Indian airport operators have taken the leap to establish their presence in international markets. We can assist entities to evaluate such opportunities.
A country's government wants to establish an ecosystem and enabling environment to develop new airports on a PPP basis
We have led multiple successful PPP projects, programmes and policy initiatives in India and other geographies. We can bring these best practices and strategies pertaining to policy and regulation, model documents, and relevant institutions - customised and aligned to the respective country. We can also help in capacity building of such institutions, developing a pipeline of bankable projects and managing bid processes.
With maturity of PPPs, we can bring our financial market expertise to develop new instruments and help the private sector address financing constraints.
An ecosystem driven by suitable policies, regulations and project structures, backed by a thriving financial environment, attracts the best private sector players.
An Indian airport operator from the private sector wants help in finalising its tariff proposal to the Airports Economic Regulatory Authority (AERA)
India's unique economic regulatory ecosystem for the airport sector can be tough to traverse. We bring deep experience in this area, with assistance and advisory to operators on multiple dimensions, including cost-of-equity estimation, filing of multi-year tariff proposals (MYTPs), and context (gained from assisting AERA in evaluating such tariff proposals).
We can help airport operators, ground handling companies, cargo operators and various other entities navigate the ecosystem, and to take these nuances into account in business planning as well as project bidding and negotiations.
It is important for new operators to keep themselves informed about the existing constraints and evolving rules and regulations of the aviation sector.
