Web desk: Shares of the company, Hindustan Aeronautical Limited (HAL), that manufactures India’s Tejas fighter jet, tumbled sharply on Friday after the Indian Air Force jet crashed during the Dubai Air Show.
An Indian Air Force plane crashed during the Dubai Air Show. This development has been confirmed by the Indian media as well.
Shares of Tejas Jet Manufacturer Sink
The aircraft involved in the accident was worth six hundred and forty crore Indian rupees. Following the crash, the shares of the company manufacturing the Tejas aircraft also saw a noticeable decline.
According to foreign outlets, the incident has dealt yet another setback to India at the international air show. It has raised serious questions about its air capabilities on the global stage.
Sources say the Dubai Air Show was temporarily suspended after the crash. The incident has sparked renewed concerns over the aircraft’s safety and reliability.
An Indian journalist has claimed that Wing Commander Vikram Singh lost his life in the crash of the Yagis aircraft. The Indian media have also confirmed this claim.
In 2021, a Tejas aircraft of the Indian Air Force had similarly crashed in Rajasthan during a training mission.
Tejas Crash
Today, an Indian fighter jet, Tejas, crashed during the final day of the Dubai Airshow.
Rescue operations were launched immediately, the show was briefly halted, and visitors were redirected to the exhibition area for safety.
Authorities have yet to release any details about the pilot’s condition.
The Dubai Airshow, one of the world’s largest aviation events, began on November 17 and will continue until November 24.
More than 1,500 exhibitors are participating in this major showcase of global aerospace technology. Gulf News is providing live updates on the incident.
It is worth noting that the Indian Air Force had deployed its Surya Kiran aerobatic team and Tejas fighter jets for performances scheduled from November 17 to 21 in an effort to impress international audiences.
