For one and a half to two years, the whole world is witnessing a period of retrenchment. Lakhs of people have lost their jobs during this period. Hardly any sector is untouched by the retrenchment. In this dreadful phase of retrenchment, a government company has given a relief news. The company is going to make large scale new recruitments in the coming days.
the number of employees will be
According to a news from the news agency PTI, the government company AI Engineering Services is preparing to make 1000 new recruitments soon. The government company is looking to increase its maintenance, repairing and overhauling capacity. New recruitment is a part of these efforts of the company. The total number of employees of the company before the proposed recruitment is around 5000. After the recruitment, their number will increase to around 6000.
Government in preparation for disinvestment
AI Engineering Services Limited ie AIESL has given an average annual revenue of about Rs 2000 crore during the last 3 years. The company is also looking at raising funds to expand its capacity. At the same time, the government is planning to disinvest this company.
The company expects
AI Engineering Services has high hopes from the rise of India’s aviation sector. India is one of the fastest growing aviation markets in the world. Recently, Indian airlines have ordered about 1,600 new aircraft. As the number of aircraft will increase, the demand for MRO services will also increase. AI Engineering Services expects the demand for its services to increase due to this and for this reason the company is working on a plan to recruit 1000 people in the coming months.
connection with air india
The company provides a wide range of services including base and line maintenance. The company also provides overhaul services for landing gear, avionics accessories and components, etc. Earlier this company used to be a part of Air India. Air India has now gone to the Tata group after disinvestment. After that AI Engineering Services is now working as a part of AI Assets Holding Limited.
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