An Airbus A319-114 from Delta Airlines is seen taxiing at Los Angeles International Airport on May 5, 2024, after its arrival from Las Vegas. The image was captured in Los Angeles, California by Kevin Carter for Getty Images.
Delta Air Lines revealed that the recent CrowdStrike outage led to significant financial losses, totaling around $550 million. The airline is actively seeking compensation from CrowdStrike and Microsoft for the damages incurred.
This financial impact includes a $380 million decrease in revenue for the current quarter, mainly due to refunds issued to customers for canceled flights and compensation provided in cash and SkyMiles. Additionally, there was a $170 million expense related to the outage and subsequent recovery efforts, along with an estimated $50 million reduction in fuel costs due to the grounded flights.
Delta faced challenges beyond its competitors…
2024-08-08 17:00:13
Link from www.cnbc.com
