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Job Purpose
: Budgeting & Cost Control Prepare and maintain budgets for engineering projects, heavy checks, base maintenance, line maintenance programs, and fleet reliability modifications. Build cost models incorporating aircraft maintenance drivers such as labor, parts, MRO events, downtime, and heavy checks (aligned with international MRO cost‑analysis standards). Track actual vs budgeted costs, analyze variances, and recommend corrective actions. Use benchmarking techniques comparable to airline operational cost benchmarking methods to compare internal vs. industry performance. Develop cost‑tracking methodologies and periodic cost reports for engineering leadership. Risk Management & Forecasting Conduct risk assessments to identify uncertainties affecting engineering costs, schedule, or contractual deliverables. Evaluate in‑house vs outsourced maintenance tasks using recognized MRO cost comparison criteria. Develop mitigation strategies for financial, contractual, and operational risks. Prepare long-term cost forecasts for fleet maintenance, asset retirement, and major engineering projects. Contract Management Lead contract drafting, review, and negotiation for Engineering contracts—MRO agreements, PBH (Power-by-the-Hour) contracts, component repair contracts, tool lease contracts, and engineering consultancy agreements. Supported by contract-related responsibilities in airline roles. Assist in vendor evaluation, contract renewal, amendment analysis, and cost impacts of contract changes. Skills/Qualities Required Detail Orientation Time Management Regulatory Knowledge DGCA/CAME/AD/SB mastery Planning & Coordination Task sequencing and packaging Technical Writing Task cards and compliance documentation Leadership Cross-functional governance Key Performance Indicators Budget Accuracy - Variance vs forecast following IATA cost-control practices Contract SLA Compliance - SLA adherence as used in global MRO contracts Cost Savings Delivered - Savings against benchmarks (maintenance, MRO, OEM pricing) Vendor Performance Index Based on TAT, quality, and cost efficiency metrics Data Integrity - Accuracy of costing models and AMOS/M&E system master data Internal Interfaces Engineering Planning - Align maintenance work scopes with budgeted cost and contractual constraints Reliability Engineering - Provide failure trend insights that influence cost forecasts and contract terms MCC / Line Maintenance - Share unplanned maintenance data impacting AOG costs and SLA performance Supply Chain & Procurement - Coordinate sourcing, pricing, and vendor negotiations for cost-effective outcomes Finance (FP&A) - Ensure accurate budgeting, forecasting, and accrual alignment for engineering costs Quality & Compliance - Maintain regulatory compliance that affects contract eligibility and warranty claims External Interfaces OEMs - Collaborate on technical clarifications, warranty, and product support cost implications MRO Providers - Manage shop visits, turnaround times, and contract-driven performance obligations Repair Shops / Vendors - Oversee component repair costs, TAT adherence, and value-engineering opportunities Regulators (DGCA/Authorities) - Ensure adherence to aviation regulations influencing cost and contract execution Leasing Companies / Pool Providers - Coordinate rotable pool usage, cost settlements, and redelivery compliance Educational and Experience
Requirements
Minimum Education requirements – Bachelor’s in engineering (Aero/Mech/Electrical) or AME license. MBA or certification in Contract Management / Supply Chain preferred (aligned with global Contract Manager standards) is preferred. Experience Minimum – 10–12 years in aviation engineering costing, maintenance planning, or MRO contract management Desired – Experience with PBH/MRO agreements, FAA/DGCA compliance, benchmarking, and advanced contract negotiation (aligned with aviation contract roles). Apply now » Find similar jobs: Engineering FOLLOW US ON Opens in a new tab. Opens in a new tab. Opens in a new tab. Opens in a new tab. Opens in a new tab. Copyright © 2025 Air India Ltd. All rights reserved. Use of this website indicates your compliance with our Privacy Policy, Conditions of Carriage, Terms and Conditions.
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- careers.airindia.com
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- Location not specified
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- General
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- Not disclosed
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