Delta CEO says IT outage cost the airline $500 million, and it has 'no choice' but to seek damages from CrowdStrike
CrowdStrike(CRWD) Business Insider·2024-08-01 11:18
Delta CEO said the IT outage cost $500 million in losses from revenue and passenger compensation. The tech issues, linked to a flawed CrowdStrike update, led to over 5,000 flight cancellations. CEO Ed Bastian said in an interview with CNBC that the carrier has "no choice" but to seek damages. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Access your favorite topics in a personali ...