Active AIAHL Vacancies
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Organization Overview
AI Assets Holding Limited (AIAHL) was incorporated in 2018 as a Special Purpose Vehicle (SPV) by the Government of India. Its primary mandate is to manage the debt and non-core assets of Air India Limited following its disinvestment. As a Schedule 'B' CPSE, AIAHL holds significant immovable properties and shares in key subsidiaries like AI Airport Services Limited (AIASL) and Hotel Corporation of India Limited (HCIL).
| Details | Information |
|---|---|
| Organization Type | Central Public Sector Undertaking (PSU) |
| Headquarters | New Delhi, India |
| Entry Gateways | Direct Recruitment, Personal Interview, Walk-in Selection |
| Salary Range | ₹1,00,000 to ₹1,50,000 per month (Fixed Term Contract) |
Key Job Profiles
- Chief of Personnel & Administration: Oversees HR policy formulation, recruitment strategy, and statutory compliance for the SPV.
- Manager (Finance & Accounts): Handles budgetary control, finalization of accounts, and compliance with Ind AS and SEBI regulations.
- Company Secretary: Manages secretarial records, statutory books, and ensures legal adherence under the Companies Act.
- Officer (Properties & Monetization): Focuses on the management and monetization of non-core land and building assets.
Salary & Benefits
Positions in AIAHL are generally offered on a Fixed Term Employment Contract (FTEC) basis, typically for 3 years (extendable to 5). Remuneration is highly competitive:
- Senior Roles (Chief level): Total monthly CTC around ₹1,50,000 (Salary: ₹1,20,000 + Allowances: ₹30,000).
- Managerial Roles: Monthly salary starting from ₹1,00,000.
- Annual Increment: Standard 3% increase on the basic salary component based on performance appraisal.
- Perks: Includes provident fund (EPFO) contributions and out-of-pocket allowances for fuel and communication.
Selection Process
Unlike standard entry-level PSU jobs, AIAHL recruitment is highly specialized. The process usually follows these steps:
- Application Screening: Shortlisting based on post-qualification experience (ranging from 5 to 10+ years).
- Personal Interview: A comprehensive assessment by a selection committee focused on domain expertise.
- Medical Examination: Final selected candidates must undergo a pre-employment medical check-up.
How to Crack AIAHL Exams
- Understand the SPV Framework: Familiarize yourself with the disinvestment process of Air India and the specific role of AIAHL in debt management.
- Focus on Compliance: For Finance and Legal roles, stay updated on Ind AS, SEBI (LODR), and the Companies Act 2013.
- Prepare for Experience-Based Questions: Since these are senior roles, expect deep-dive questions into your previous handling of large-scale administrative or financial projects.
- Check Official Channels: AIAHL often advertises on www.aiahl.in and through the Ministry of Civil Aviation portal; keep your documents ready for short-notice walk-ins.
❓ Frequently Asked Questions: AIAHL Jobs
What is the nature of employment at AIAHL?
Employment is typically on a Fixed Term Employment Contract basis, usually for 3 years, extendable by another 2 years based on performance.
Does AIAHL require a GATE score for recruitment?
No, AIAHL generally hires experienced professionals through direct applications and interviews rather than the GATE entry system used by technical PSUs.
What is the maximum age limit for Chief-level posts?
The maximum age limit is generally 62 years at the time of notification, with service allowed up to the age of 65 years.
Is there a service bond for AIAHL employees?
Specific financial bonds are not common, but candidates must serve the duration of their fixed-term contract as per the terms of appointment.
What is the typical salary for a Manager at AIAHL?
A Manager typically receives a total monthly emolument of approximately ₹1,00,000, which includes a basic salary and taxable allowances.
Are SC/ST/OBC candidates eligible for age relaxation?
Yes, reservation and age relaxation are provided as per Government of India directives for Central Public Sector Undertakings.
Where is the place of posting for AIAHL jobs?
Most positions are based at the Corporate Office in New Delhi (Safdarjung Airport area), though some roles may require travel to asset sites.
Do I need prior PSU experience to apply for AIAHL?
While PSU experience is preferred for senior roles, candidates from listed private sector companies meeting the turnover criteria are also eligible.