The Bharatiya Vayuyan Vidheyak Bill, 2024 (“Bill”) seeks to replace the Aircraft Act, 1934, while retaining most of its provisions. The Bill regulates activities related to aircrafts, such as manufacturing, possession, use, and trade. The Bill also lists specific offences in order to better regulate the aviation sector and introduces a right to a second appeal against decisions concerning penalties imposed for violations any rules formulated by the authorities or the Central Government and empowers the Central Government to appoint an arbitrator for determining compensation in certain cases.