Huge increase in demand for JF-17 Thunder, shares skyrocket
Web Desk
|
6 months ago
Following Pakistan Air Force’s (PAF) successful response to Indian aggression, the shares of China’s Chengdu Aircraft Corporation — the maker of JF-17 Thunder and J-10C fighter jets — have seen a major boost.
According to reports, the PAF shot down 5 Indian aircraft and 3 drones in retaliation. These included 3 Rafale jets, 1 MiG-29, and 1 Su-30. As a result, Chengdu Aircraft Corporation’s stock jumped by 18.18%.
Defence experts say that Dassault Aviation, the French manufacturer of Rafale jets, has seen a decline in its stock value following the failed performance of its aircraft. Meanwhile, Pakistan’s JF-17 Thunder and J-10C jets have caught global attention for their effectiveness and precision.
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