Aviation
5 Airplane things you Dont know the purpose of
Airplane things you Dont know the purpose of
1-The mysterious triangle symbol over your seat; it comes in red or black and are used to indicate the best vantage points and the window under the sticker provides a good view.
2-The flange sticking out of the wing is a part of the evacuation system. If the plane is forced to land somewhere that you can’t use stairs or terminal boarding bridge, you will have to exit through the over wing using the guide ropes tied around these flanges.
3-The humming sound when you board the plane is the sound of the auxiliary power unit[APU] which provides electricity to the plane temporarily until the plane is ready to take off.
4-Tomato juice is suggested to have instead of other food because the sweetness of the taste buds reduces while flying high and the sense of smell is decreased.
5-The isty bitsy hole in the bottom of your airplane window is actually a very important safety feature. It is called a breather hole and is used to regulate the amount of pressure that passes between the window’s inner and outer panes.
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Aviation
No More Jet Airways. Supreme Court Says “No Choice”, Orders Liquidation
Jet Airways was once one of India’s leading airlines, known for its service and extensive network. Founded in 1993, it served millions of passengers, connecting cities across India and international destinations.
However, since grounding its flights in April 2019, Jet Airways has struggled to navigate financial turbulence, leading to years of efforts to revive the airline and return it to the skies.
On Thursday, the Supreme Court ordered the liquidation of Jet Airways, citing “no choice” but to take this decisive step after the resolution plan failed to meet creditor obligations. The court invoked its extraordinary powers under Article 142, which allows it to make orders for “complete justice” in any case, overriding previous tribunal rulings.
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The Jalan-Kalrock Consortium (JKC), which had won the bid to revive Jet, faced criticism for not fulfilling payment commitments to creditors, which included major banks like the State Bank of India and Punjab National Bank.
The Supreme Court’s ruling pointed to “peculiar and alarming” issues surrounding the resolution plan’s implementation, leading to its conclusion that liquidation was the only feasible outcome.
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Chief Justice DY Chandrachud, alongside Justices JB Pardiwala and Manoj Misra, emphasized that while liquidation should be a last resort, it was necessary as the resolution plan was “no longer capable of implementation.”
In line with this decision, the court ordered that the ₹200 crore already infused by JKC be forfeited and directed the National Company Law Appellate Tribunal (NCLAT) in Mumbai to appoint a liquidator to oversee the process.
JKC, a partnership between Murari Jalan, a UAE-based Indian entrepreneur, and Florian Fritsch, a Jet shareholder through Kalrock Capital Partners Limited, had taken ownership of Jet Airways two years after it was grounded. The consortium’s inability to fulfill its financial obligations has now led to this final verdict, marking the end of an era for Jet Airways in India.
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