Hindustan Aeronautics calls Tejas jet crash at Dubai Air Show an ‘isolated occurrence’, assures no impact on finances

Hindustan Aeronautics Limited has issued a statement regarding the Tejas jet crash at the Dubai Air Show, stating that the incident was an isolated incident with no impact on operations or financials. The company promised to cooperate with agencies and keep stakeholders informed of important updates.

“We would like to draw your attention to the fact that the recent incident during the air show at the Dubai Air Show is an isolated incident arising from exceptional circumstances,” HAL, which developed the Tejas jet, said in an exchange filing published on November 24.

The company also said: “We want to ensure that there will be no impact on the company’s business operations, financial performance or future deliveries. The company continues to fully support and cooperate with the investigating agencies. The company will continue to keep stakeholders informed of any significant developments.”

During an Air Show in Dubai on Friday, a Tejas fighter jet of the Indian Air Force crashed during the aerial display, killing the pilot. The IAF confirmed the incident and assured that a Court of Inquiry would be set up to investigate the cause of the accident.

The Indian Air Force said in a post on

Tejas is a single-engine, multi-role light combat aircraft. It was jointly developed by Hindustan Aeronautics Limited (HAL) and Aviation Development Agency (ADA) for the IAF.

Tejas is India’s first indigenous fighter jet, despite having a foreign engine. The first test flight of Technology Demonstrator-1 (TD-1) was carried out in 2001. Years later in 2016, the first flight of the Second Series Production (SP2) Tejas aircraft with Initial Operational Clearance (IOC) configuration took place.