Hindustan Aeronautics Limited (HAL) has issued a clear statement regarding the recent Tejas incident at the Dubai Air Show. The company stated that this accident occurred under highly unusual circumstances and is an isolated case. It will not affect the company's operations, financial standing, or the delivery of future orders.
During the Dubai Air Show, the Tejas aircraft crashed during an aerial demonstration. This news quickly spread across social media and news channels. People were concerned about whether there was a significant flaw in HAL's aircraft.
Source: aajtak
The company issued an official statement to assure everyone:
The incident is a completely isolated case.
It occurred due to very specific and unusual conditions.
Daily operations, financial transactions, and timely delivery of aircraft and helicopters will continue normally.
HAL is fully cooperating with all investigating agencies.
If significant developments arise in the future, the company will promptly inform everyone.
In essence, HAL is saying: Do not worry. An accident occurred, but there is no major issue with our aircraft or company. Our operations will continue as usual. Wait for the investigation to conclude, as we will not hide anything. This statement was necessary as HAL's shares might come under some pressure in the stock market. Customers (Indian Air Force, Navy, and foreign countries) were concerned. Now, the company has clarified that everything is fine.