  The physics of a system consisting of an Aharonov Bohm (AB) interferometer
containing a single level interacting quantum dot (QD) on one of its arms, and
attached to normal (N) and superconducting (S) leads is studied and elucidated.
Here the focus is directed mainly on N-AB-S junctions but the theory is capable
of studying S-AB-S junctions as well. The interesting physics comes into play
under the conditions that both the Kondo effect in the QD and the the Fano
effect are equally important.It is found the conductance of the junction is
suppressed as the Fano effect becomes more dominant.
