Terms and conditions as on date are as under:
1 Eligibility Criteria:
Academic Qualifications:
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10+2 (with Physics & Mathematics) from a recognized Board/University.
Technical Qualifications/License Requirements:
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Current valid ATPL issued by DGCA, India with a minimum of 1000 flying hours on Multi Engine
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Current FRTO issued by DGCA, India
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Current IR Endorsement
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Current RTR (A) or RTR (P) or RTR(C) issued by WPC, Ministry of Communication, India
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Current Class-I Medical Fitness Certificate issued by DGCA, India
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Valid ELP
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Candidates should be in possession of Indian Current passport, if not available, proof of Submission of application to be attached.
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Minimum of 2000 total flying hours required.
2 Contract Period:
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3 (three) years, extendable for another 2 (two) years subject to satisfactory performance and on mutual consent.
3 Monthly Remuneration:
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Negotiable monthly Package as per Industry standard starting from Rs. 6.0 Lakhs which includes assured flying allowance of 50 Hrs. GST component will be borne by AAI.
4 Overtime Charges:
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Beyond 50 hrs. of flying in a month, the Pilots will be paid overtime flying allowance as per the prevailing guidelines (as present Rs. 5500 per hour).
5 Annual increment:
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Annual increment of 5% may be allowed on negotiable monthly Package.
6 Initial Currency/Recurrent training and Bond :
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For the initial currency training on type and training expenditure will be arranged by AAI subject to execution of Bond by the Pilot for a period of 3 years and will be recovered on reducing basis @ Rs. 1 lakh per month.
7 For Non-Rated Pilot/Co-Pilot :
Non-Rated Pilots on type, if selected, shall undergo training as per DGCA CAR from the DGCA approved training institutes. Expenses towards such training and checks with associated expenses, to become current on type, will be arranged by AAI against suitable bank security from the candidate. These candidates are required to execute a bond* with AAI to serve for a committed period of three years. In case if candidates fail to complete the training successfully, then, he/she shall have to undergo repeat training at his/her own cost within two months of last training and have to complete the training successfully, failing which the amount spent on him/her shall be recovered against the bank securities. The training and associated TA/DA expenses of the candidate will be recovered @ Rs.1.5 lakhs per month after attaining initial currency.
Stipend/remuneration: During training period stipend @ Rs.1,00,000/- Per month will be paid to Pilots and remuneration will be paid to them from start of SLF(Supervisor Line flying).
* Bond amount will be equivalent to total expenses towards training, TA/DA & applicable taxes, if any.
8 Aviation Personal Accident (PA)/ Loss of License (LOL) Insurance:
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Aviation PA/LOL Insurance premium will be borne by AAI as per AAI Guidelines. At present the insurance cover is Rs. 60 lakhs each.
9 License/IR/PPC/Medical renewal:
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The activities relating to Pilot’s validity of license and IR/PPC, Medical etc. will be coordinated by Operation dept. of FIU. The Pilot has to make himself/herself available accordingly. Failing so or failing in the tests will make him/her ineligible to draw his/her contracted amount on pro rata basis, till he/she fulfills the requirement of license currency. The fees/charges towards recurrent simulator training will be paid by AAI against Bank Guarantee or postdated cheque of equivalent amount from Pilots".
10 Sustenance Allowance:
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Sustenance allowance of 50% of monthly hiring charges will be paid within the suspension period on pro rata basis. In case of adverse outcome against the Pilot, the sustenance allowance paid will be returned by the Pilot.
11 Accommodation:
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Pilot has to make his/her own accommodation arrangement at base station, Delhi. On flight calibration duties, hotel accommodation of the Pilot at out stations will be arranged as per entitlement of General Manager, AAI.
12 Transportation Charges:
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On flight calibration duties, transportation will be arranged as per entitlement of General Manager, AAI.
13 Leaves :
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The Pilot will be eligible for 12 days of casual leave and 18 days sick leave in a calendar year. The un-availed leaves in a calendar year neither can be carried forward to next calendar year nor can be en-cashed. Leaves beyond entitlement will attract pro rata deduction from monthly charges. They will be required in the office as per duty roaster.
14 Gratuity/PF/Medical Facility :
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Gratuity and CPF shall not be payable to the Pilots and AAI shall not provide any medical facility to the Pilots or his/her dependents.
15 Termination of Contract:
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The contract can be terminated by either side giving six months’ notice. AAI can also terminate the services in case the Pilots remain absent continuously for more than 15 days beyond the entitled leave in a calendar year.