Indian HAL Tejas fighter jet crashes in Dubai Airshow, pilot killed

An Indian aircraft crashed on Friday during a demonstration at the Dubai Air Show, killing the pilot.

The Indian HAL Tejas fighter jet crashed around 14:10 local time (1010 GMT) while flying a demonstration flight.

The Indian Air Force said in a statement that it "deeply regrets the loss of life and stands firmly with the bereaved family in this time of grief."

A court of inquiry is being set up to determine the cause of the accident, the statement added.

China's online transactions saw a remarkable increase in both volume and value during the just-concluded Spring Festival holiday, data from the People's Bank of China (PBOC) showed on Tuesday.

From Feb 15 to 23, Chinese online payment-clearing house NetsUnion Clearing Corporation and card payment giant China UnionPay processed approximately 39.3 billion online transactions totaling 13.12 trillion yuan (about 1.9 trillion U.S. dollars), according to the PBOC.

Compared to last year's Spring Festival holiday period, the average daily number of transactions rose by 37.45 percent and the average daily value of transactions by 19.26 percent.

The PBOC data also showed that in the same comparison period, the average daily value of transactions that inbound travelers made using the two platforms increased 78.1 percent in volume and 44.33 percent in value.

The Spring Festival, which is also known as Chinese New Year, fell on Feb 17 this year. It is usually a period of vibrant consumption activities as people return home for family reunions or travel to tourist destinations to celebrate the holiday.