Rafale maker’s shares plunge as Pakistan downs 3 out of 5 Indian jets, drone

ISLAMABAD: The shares of Dassault Aviation –  the French company behind the Rafale fighter jet-  fell sharply by 6% on Wednesday.

This development came after Pakistan’s air force shot down 6 Indian aircraft, including three Rafale jets in the wake of rising military tensions along the Line of Control (LoC).

Pakistan says Indian jets intercepted before crossing airspace.

A total of six Indian aircraft were destroyed during the encounter: three Rafale jets, one MiG-29, one SU-30, and a Heron surveillance drone.

All aircraft were reportedly flying within Indian airspace but attempting to strike Pakistani territory using stand-off munitions.

“None of our aircraft suffered any damage. All units returned safely to base,” ISPR spokesperson confirmed, emphasizing the PAF’s operational readiness and commitment to safeguarding Pakistan’s airspace.

Officials added that a Rafale and an SU-30 were brought down near Ahmedpur East, Bahawalpur on the Indian side of the border. Another Rafale was reported downed southwest of Awantipora, Pulwama district, around 17 nautical miles from the Line of Control.

The Heron drone was intercepted and neutralized in a separate operation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

UNGA chief urges India, Pakistan to de-escalate; pursue dialogue

UNITED NATIONS: Amid rising hostilities between India and Pakistan, United Nations General Assembly (UNGA) President Philemon Yang has called on both countries to exercise...