Sunday, September 25, 2016

Expansion push: AAI to hire 1,200 people across various functions

State-owned Airports Authority of India has stepped up hiring after a gap of nearly five years to support its expansion plans. The AAI is set to hire around 1,200 people by the end of this year across functions such as air traffic control, corporate affairs, legal and technical departments.
“We are hiring across functions to keep up with the growth of the organisation and plan to add around 1,200 employees this year,” AAI chairman Guruprasad Mohapatra told The Indian Express.
The current staff strength of the authority, which has training centres for its employees at Delhi, Allahabad, Gondia, Hyderabad and Kolkata, is around 18,000. It has 125 airports across the country of which about 95 are operational, with 71 having scheduled commercial operations.
The authority’s staff requirement would rise as it implements its capital expenditure plan and builds low cost airports in the country. It has lined up a capex of Rs 17,500 crore to be spent by 2019, most of which will be funded through external accruals while the authority may go to the market to raise resources in the last year of its capex cycle. The AAI earned revenues of Rs 10,824 crore in 2015-16, and profit before tax of Rs 3,697 crore.
25/09/16 Sunny Verma/The Indian Express
To Read the News in full at Source, Click the Headline


Post a Comment