diff --git a/package/python-aiojobs/Config.in b/package/python-aiojobs/Config.in
index 0cdd1c106f..2dc4f3f955 100644
--- a/package/python-aiojobs/Config.in
+++ b/package/python-aiojobs/Config.in
@@ -1,5 +1,6 @@
 config BR2_PACKAGE_PYTHON_AIOJOBS
 	bool "python-aiojobs"
+	select BR2_PACKAGE_PYTHON_ASYNC_TIMEOUT # runtime
 	help
 	  Jobs scheduler for managing background task (asyncio).
 
diff --git a/package/python-aiojobs/python-aiojobs.hash b/package/python-aiojobs/python-aiojobs.hash
index 44bf20c428..511953713b 100644
--- a/package/python-aiojobs/python-aiojobs.hash
+++ b/package/python-aiojobs/python-aiojobs.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/aiojobs/json
-md5  d537fefca047067255758d7cb9e39db8  aiojobs-0.3.0.tar.gz
-sha256  f6631d42dc4308f7d883abbd70d4e976f3fcc35a3ba1e8eae5d4af4940a1e0c3  aiojobs-0.3.0.tar.gz
+md5  18a5b38cc13b2d59a91fdfec64588b4c  aiojobs-1.1.0.tar.gz
+sha256  f0c43dfc4de359052a67df309b593732c32028deef1bb787c7a363da29accde3  aiojobs-1.1.0.tar.gz
 # Locally computed sha256 checksums
-sha256  b40930bbcf80744c86c46a12bc9da056641d722716c378f5659b9e555ef833e1  LICENSE
+sha256  1803dc89455114eefad3b827543343edc2452432fdac29b5edc66c8b66d4cbf3  LICENSE
diff --git a/package/python-aiojobs/python-aiojobs.mk b/package/python-aiojobs/python-aiojobs.mk
index 5d9a19eb8c..075d807d8b 100644
--- a/package/python-aiojobs/python-aiojobs.mk
+++ b/package/python-aiojobs/python-aiojobs.mk
@@ -4,10 +4,10 @@
 #
 ################################################################################
 
-PYTHON_AIOJOBS_VERSION = 0.3.0
+PYTHON_AIOJOBS_VERSION = 1.1.0
 PYTHON_AIOJOBS_SOURCE = aiojobs-$(PYTHON_AIOJOBS_VERSION).tar.gz
-PYTHON_AIOJOBS_SITE = https://files.pythonhosted.org/packages/da/09/76d9c0d66d2fd1333835f110cd85f7456de7cf3f60425e3b283fba562731
-PYTHON_AIOJOBS_SETUP_TYPE = distutils
+PYTHON_AIOJOBS_SITE = https://files.pythonhosted.org/packages/99/75/b6d3678d804fffda81ebbac6214c35a4417d5ddbd70ffe7958ad951e64d2
+PYTHON_AIOJOBS_SETUP_TYPE = setuptools
 PYTHON_AIOJOBS_LICENSE = Apache-2.0
 PYTHON_AIOJOBS_LICENSE_FILES = LICENSE