What does the news say?
Almost 2,00,000 new employment in the Indian aviation industry would be created as a result of Air India’s agreement to purchase 470 aircraft, according to a prior Business Today story. Openings on the business website appear to be early signs of the same pattern. In order to be ready for the delivery of the 470 aircraft from Boeing and Airbus, Air India has begun hiring across all ranks and roles. There are now 140 planes supported by the airline’s workforce. Curiously, Business Today has found that some of the positions Air India is hiring for pay over Rs 2 lakh per year.
The airline is looking for “B777 Captains,” and this position has an annual salary of nearly Rs 2 crore. The job description states that “B737 NG/MAX Type Rated Pilots with” are invited to apply as First Officers for the B777 fleet.
Also, there are other job openings on the organization’s website, including those for cabin crew, ground staff, security, and other technical positions.
Almost 2,00,000 new employment in the Indian aviation industry would be created as a result of Air India’s agreement to purchase 470 aircraft, according to a prior Business Today story. These openings on the business website appear to be the first signs of the same pattern.
According to Business Today’s interview with Jitendra Bhargava, a former executive director of Air India, “Each flight would need at least 10 pilots, whose shift constantly changing, and they would need at least 50 cabin workers per aircraft. They will need staff personnel such as cashiers, baggage handlers, maintenance engineers, and others. This deal will result in a significant rise in employment within the Indian aviation sector.
How much will these pilots be paid?
According to the salary breakdown the airline supplied to prospective candidates, the position will pay $21,000 per month, which comes to up to Rs 17,39,118 at Saturday’s exchange rate. This position would earn more than Rs 2,08,69,416 annually.
Why are these pilots being offered such a steep salary?
The position pays a high income because there aren’t enough qualified pilots working in the field, according to Mark Martin, CEO of Martin Consulting. A company with experience in the aviation industry is Martin Consulting. According to Martin, there is a huge need for certified pilots with at least 5000–7000 hours on the specific aircraft because of the global pilot shortage.
Conclusion
The purchase of 470 aircraft from Airbus and Boeing was announced by Air India on Tuesday. Additionally, Nipun Aggarwal, the Chief Commercial and Transformation Officer for Air India, revealed in a since-deleted LinkedIn post that the accord wh the aerospace companies includes 370 options, indicating that the airline could buy an additional 370 planes for the same price it paid for the initial set of 470 aircraft. Providing the nation with thousands of new jobs. As a result, the pilot to aircraft ratio will decline.
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