IndiGo Meltdown Wipes Out $5B, Rahul Bhatia's Net Worth Under $10B

• IndiGo's operational crisis led to a nearly $5 billion market value drop.
• Founder Rahul Bhatia's net worth fell below $10 billion to an estimated $9.1 billion.
• The DGCA mandated IndiGo to cut 10% of its scheduled operations due to sustained strain.
• The crisis is attributed to stricter FDTL norms and delays in Airbus software upgrades.
• Moody's labeled the disruptions "credit negative," raising concerns about revenue loss and expansion plans.

Why It Matters: IndiGo's operational crisis caused a $5 billion value drop, hitting its founder's wealth.