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In September as per report ___________ announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.
  • a)
    IndiGo
  • b)
    Air India
  • c)
    Spice Jet
  • d)
    Akasa Air
  • e)
    AirAsia
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In September as per report ___________ announced a sale and leaseback ...
  • Air India announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.
  • The alliance involves Willis Lease buying 34 engines and provide spare and replacement engines, helping the airline avoid costly and unpredictable shop visits, the former national air carrier said in a statement.
  • Willis Lease will also have an in-country team to co-ordinate and manage the programme and all logistics and transportation involved.
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Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:A Russian defence industry delegation will soon travel to India to carry forward long-drawn-out talks for an upgrade of the Indian Air Force’s (IAF) Sukhoi-30 MKI fleet. This proposed upgrade will include better radar, a more potent weapons package, a new cockpit system, and the integration of electronic warfare abilities. Russia is also hopeful that India will move ahead with plans to place an order for an additional 12 Su-30 MKIs to replace the fighter jets it lost to crashes over the years. Further, Moscow hopes to finalise the contract for 21 more MiG-29s meant to firm up the IAF’s depleting fleet strength. While the French-made Rafale is the frontrunner for a mega contract for 114 new fighters that the IAF is looking at, Russia believes it is the only country capable of offering a true Transfer of Technology (ToT) with over 60 per cent Indian content. The IAF is considering the acquisition of 114 fighters through the Make in India route.“We have, several times, offered our vision of an upgrade programme (Su-30 MKI). It is a continuing discussion and we have put on the table our complete offer. We plan to visit India ____ the near future and have a meaningful discussion on that offer,” Yury Slyusar, CEO of Russia’s United Aircraft Corporation (UAC) said in response to a query by ThePrint at ARMY-2022, an international military exhibition being held here in Moscow. The UAC, a public joint stock company of which the Russian government owns a majority, is the largest manufacturer of aircraft in the country. In June, Russia’s flagship manufacturers, the Sukhoi and MiG aviation companies were merged into the UAC. New Delhi and Moscow have been in talks with each other about an upgrade for the Su-30 MKI, which India first ordered in 1996. The upgraded aircraft, if the proposal is approved, will be known as the Super Sukhoi.The IAF has more than 160 Su-30 MKIs in its fleet, but talks regarding an upgrade have been stuck due to various issues — with cost being the most basic and important factor owing to the IAF’s plan to also procure 114 new fighters on a limited budget. While the exact numbers are not known, IAF sources have explained that the asking price for an upgrade is too high because it will involve a complete revamp and not just a simple extension of life. While the Su-30 MKI is the IAF’s frontline fighter, it is besieged by numerous issues, among them the inability to carry out electronic warfare and the lack of a more potent weapons system. The integration of about 40 Sukhois with the BrahMos supersonic cruise missiles — which have a range of over 300 kilometres — has, however, been a saving grace. As part of the proposed upgrade, the fighter jet’s N011 Bars passive radar will be replaced with ‘Uttam’, India’s own Active Electronically Scanned Array (AES

In September as per report ___________ announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.a)IndiGob)Air Indiac)Spice Jetd)Akasa Aire)AirAsiaCorrect answer is option 'B'. Can you explain this answer?
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In September as per report ___________ announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.a)IndiGob)Air Indiac)Spice Jetd)Akasa Aire)AirAsiaCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about In September as per report ___________ announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.a)IndiGob)Air Indiac)Spice Jetd)Akasa Aire)AirAsiaCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In September as per report ___________ announced a sale and leaseback tie-up with U.S.-based Willis Lease Finance Corporation for 34 CFM engines installed on 17 of its Airbus A320 family aircraft.a)IndiGob)Air Indiac)Spice Jetd)Akasa Aire)AirAsiaCorrect answer is option 'B'. Can you explain this answer?.
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