‘Isolated occurrence’: HAL issues statement on Tejas crash at Dubai airshow; no impact on operations

Hindustan Aeronautics Ltd (HAL) described the Tejas aircraft crash in Dubai, which resulted in the death of IAF pilot Wing Commander Namansh Syal, as an "isolated occurrence caused by exceptional circumstances." The company assured that the incident has no impact on its business operations or future deliveries, while its shares experienced a significant drop before partially recovering.