Comprehension
Why aircraft lessors' woes may lead to costlier flights New Delhi: Record high airfares hurting passengers could rise even further following yet another instance of foreign lessors facing roadblocks in repossessing their aircraft from a troubled Indian carrier. Leasing aircraft could cost 20-25% more for startups and financially weak Indian carriers after the Go First case where lessors are now barred from taking their planes back for at least six months unless the NCLAT gives them some relief people in the know said. Only Indigo and Tata group carriers led by air India could be spared this increased cost as they are good credit for lessors lease rentals account for 10-12% of an airline's operating cost. A 20-25% increase in lease rentals will mean overall cost rising by 2-3% which will have to reflect in ticket prices. Except AI and Indigo it will be very challenging for other airlines, including startups. NCLT has directed go first erstwhile board to deposit Rs.5 crore with the resolution professional while the 55 aircraft currently with the airline are worth over $2.5 billion," said an industry veteran. Now at the first sign of trouble in an Indian carrier lessors will line up to responses planes to avoid such a scenario where an airline uses the IBC route to escape de-registration of aircraft said another official. In the past also, lessors faced trouble in getting planes back from airlines such as jet and kingfisher that went bust, with aircraft stuck with the later being sold as scrap after rotting away at Indian airports. Meanwhile Go's new management will have to satisfy DGCA that it has the resources to safely operate flights in term of money manpower and machines.
US engine co PW hits back at Go First, blames 'financial mismanagement'. Go First may have blamed Pratt & Whitney (PW) for its troubles but the US aerospace major has hit back at the airline. "Go First is seeking to jump the line for engines over other customers worldwide. Airline customers, who have been in good financial standing and compliant with contracts, should not be made to suffer due to the financial mismanagement and contractual violations of one particular airline," said sources. Over 50 airbus A320neos of Go and Indigo are grounded due to PW engines. Asked about these planes, a PW spokesperson said "Expect supply chain to stabilize throughout 2023...."
US engine co PW hits back at Go First, blames 'financial mismanagement'. Go First may have blamed Pratt & Whitney (PW) for its troubles but the US aerospace major has hit back at the airline. "Go First is seeking to jump the line for engines over other customers worldwide. Airline customers, who have been in good financial standing and compliant with contracts, should not be made to suffer due to the financial mismanagement and contractual violations of one particular airline," said sources. Over 50 airbus A320neos of Go and Indigo are grounded due to PW engines. Asked about these planes, a PW spokesperson said "Expect supply chain to stabilize throughout 2023...."
Question: 1
Why airfares already too high could rise even further?
Why airfares already too high could rise even further?
Updated On: Mar 5, 2024
- Due to raising fuel cost
- Due to raising fuel cost maintenance cost
- Foreign lessors facing problems to buy new aircrafts
- A troubled aircraft Indian carrier possesses aircrafts from foreign lessers and has become the root cause for airfare hike.
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The Correct Option is D
Solution and Explanation
The correct answer is option (D) :A troubled aircraft Indian carrier possesses aircrafts from foreign lessers and has become the root cause for airfare hike.
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Question: 2
Given below are two statements:
Statement I : The full form of NCLAT is National company Low Aviatron Tribural.
Statement II : Full form of DGCA is Director General of Carrier Aviation.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statements:
Statement I : The full form of NCLAT is National company Low Aviatron Tribural.
Statement II : Full form of DGCA is Director General of Carrier Aviation.
In the light of the above statements, choose the correct answer from the options given below:
Statement I : The full form of NCLAT is National company Low Aviatron Tribural.
Statement II : Full form of DGCA is Director General of Carrier Aviation.
In the light of the above statements, choose the correct answer from the options given below:
Updated On: Mar 5, 2024
- Both Statement I and Statement II are true
- Both Statement I and Statement II are false
- Statement I is true but Statement II is false
- Statement I is false but Statement II is true
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The Correct Option is B
Solution and Explanation
The correct answer is option (B):Both Statement I and Statement II are false
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Question: 3
After which case leasing aircraft could cost 20-25% more?
After which case leasing aircraft could cost 20-25% more?
Updated On: Mar 5, 2024
- NCLAT case
- DGCA case
- Go first case
- Al indigo case
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The Correct Option is C
Solution and Explanation
The correct answer is option (C):Go first case
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Question: 4
The overall cost raising due to the lease rented issue will be
The overall cost raising due to the lease rented issue will be
Updated On: Mar 5, 2024
- 20-25%
- 10-12%
- 2-3%
- 10-25%
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The Correct Option is C
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The correct answer is option (C):2-3%
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Question: 5
Go First is seeking to jump the line for engines over other customers worldwide. The underlined phrase means:
Go First is seeking to jump the line for engines over other customers worldwide. The underlined phrase means:
Updated On: Mar 5, 2024
- To skip the que.
- To skip the que and go to the last place.
- To skip the que while waiting for one's turn.
- To skip the que and go ahead without waiting for one's turn.
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The Correct Option is D
Solution and Explanation
The correct answer is option (D): To skip the que and go ahead without waiting for one's turn.
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Top Questions on Reading Comprehension
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THE FAIR ISLE METHOD: Fair Isle knitting is a traditional technique that involves using two or more colours of yarn in a single row to create intricate patterns and designs. This method requires careful tension management to ensure even stitches and prevent puckering. To begin, select your colours and cast on the desired number of stitches. As you knit, alternate between colours every few stitches, carrying the unused yarn along the back of the work. Mastering the Fair Isle technique allows you to create stunning visual effects in garments, accessories, and home textiles.
THE CONTINENTAL STYLE: The Continental knitting style, often referred to as “picking,” involves holding the yarn in the left hand while the right hand manipulates the needles. This method allows for greater speed and efficiency, particularly when working with complex patterns or multiple colours. To practice this style, start by casting on your stitches and using your left hand to tension the yarn. With each stitch, simply “pick” the yarn with your right needle, forming a quick and fluid motion. As you become comfortable with this technique, you may find that your overall knitting speed and comfort improve significantly.
THE SHORT-ROW TECHNIQUE: Short-row knitting is an advanced technique that allows for the creation of shaped garments, such as sleeves and shoulders, without the need for complex shaping. To make a sleeve using this technique, begin by casting on the required number of stitches. Work a portion of the row, then turn your work and return without completing the full row to create the “short rows” that shape the curves of the sleeve. To prevent holes at the turn, wrap the stitch before you turn your work. Repeat this process as needed to achieve the desired shaping and dimension of the sleeve. Once you have shaped the sleeve, you can then sew the side seams to connect the pieces of your garment and finally, complete the edges to ensure a clean finish. This method not only helps shape curves but also adds dimension to your piece, allowing you to enhance fit and style.- AILET BALLB (Hons.) - 2025
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The Story of Coffee
Coffee, a beloved beverage enjoyed by millions around the globe, has a rich and captivating history that spans centuries. The story of coffee begins in the ancient highlands of Ethiopia, where, according to legend, a goat herder named Kaldi discovered the stimulating effects of coffee beans. One day, Kaldi noticed his goats frolicking with unusual energy after eating red berries from a certain tree. Curious, he tried the berries himself and experienced a newfound alertness. This discovery soon spread to monasteries, where monks used it to stay awake during long hours of prayer. From Ethiopia, coffee cultivation and consumption spread to the Arabian Peninsula, particularly in Yemen, where the practice of roasting coffee beans and brewing the drink began to take shape. By the 15th century, coffee had become a popular beverage in the Islamic world, with coffee houses known as ‘qahveh khaneh’ emerging as social hubs for conversation, music, and intellectual exchange. These coffee houses became centers of culture and commerce, influencing the spread of coffee to Turkey and beyond, eventually reaching Europe. In Europe, coffee initially faced resistance from religious authorities who considered it a ‘Muslim drink’ and tried to ban it. However, its popularity persisted, and by the 17th century, coffee houses had sprung up in major European cities, becoming important gathering places for artists, writers, and thinkers. The stimulating effects of coffee were embraced during the Age of Enlightenment, where it was seen as a catalyst for intellectual discussion and innovation. The journey of coffee continued with the establishment of colonial plantations in tropical regions such as the Caribbean, Central and South America, and Southeast Asia. These plantations fuelled the global demand for coffee, transforming it from a regional specialty to a major commodity. The industrial revolution further accelerated coffee production and consumption, leading to innovations in coffee brewing methods and the development of instant coffee. In the modern era, coffee has evolved into a deeply ingrained part of daily life for people worldwide. Its cultural significance spans from the bustling cafes of Paris to the quiet coffee farms of Colombia. Today, coffee remains not only a popular beverage but also a symbol of social interaction, productivity, and enjoyment. Whether sipped slowly over a conversation with friends or grabbed hastily on the way to work, the story of coffee continues to unfold, intertwining with the histories and cultures of countless societies across the globe.- AILET BALLB (Hons.) - 2025
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The intricate world of modern manufacturing is a web of precision and innovation, where even the tiniest components play a pivotal role. One such element, often overlooked but crucial, is the sub-subpart. Whether it’s a carpenter fashioning a bespoke piece of furniture or an automobile engineer designing the next generation of vehicles, the creation of sub-subparts is a fundamental process that demands meticulous craftsmanship and cutting-edge technology. In the realm of woodworking, carpenters frequently work with sub-subparts like dowels, screws, and hinges. These minute components may appear insignificant, yet they determine the structural integrity and functionality of the final product. Crafting a dowel, for instance, begins with selecting the appropriate wood species, followed by precision cutting and shaping. The result is a perfectly cylindrical, sturdy sub-subpart that seamlessly joins two larger pieces of wood. The advent of computer-aided design (CAD) and computer numerical control (CNC) machines has revolutionised this process, enabling carpenters to create sub-subparts with unparalleled precision.
Similarly, in the automobile industry, sub-subparts are the unsung heroes of vehicle construction. Take, for instance, the ball bearing—a minuscule but essential component in the wheels and transmission system. Manufacturing these precision-engineered spheres involves intricate processes like forging, heat treatment, and precision machining. Modern techniques such as laser cutting and 3D printing have streamlined production, ensuring that these sub-subparts meet the demanding standards of the automotive sector. The manufacturing of sub-subparts is a testament to the convergence of traditional craftsmanship and cutting-edge technology. Whether it’s a carpenter’s workshop or a high-tech automotive assembly line, the quest for perfection in sub-subpart creation remains unwavering. The attention to detail and precision required in these processes is a testament to the dedication of craftsmen and engineers alike.
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