Tag: leverage

Use Of Leverage In Finance

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Council Of Development Finance Agencies

A current accident at Chennai Airport has revealed that on 03 August 2012, a freighter plane of Qatar Airways, on completion of its loading / unloading operations was being pushed back by a tractor that surprisingly had “no brakes” and instead a messenger with “wheel chokes” was being used to walk along and use these “Chokes as a Brake” for halting the tractor. It has emerged that after the “Push back operations and disconnection of tow-bar” the untrained tractor operator as an alternative of driving clear, reversed the automobile to hit … Read More