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Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million - TL;DR CNBC

Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million

Publishing timestamp: 2024-07-31 11:19:48


Summary

Delta CEO Ed Bastian said that the massive IT outage earlier this month will cost the airline $500 million, including lost revenue and compensation for customers. The outage was caused by a botched software update from CrowdStrike and took thousands of Microsoft systems offline. Delta is seeking damages from both companies.


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Keywords: businesstravelunited statesdavid boiesdelta air lines incbreaking news: businesssouthwest airlines cobusiness newsaerospace and defense industryed bastiancrowdstrike holdings inclifetransportationairlinesmicrosoft corp

Source: https://www.cnbc.com/2024/07/31/delta-ceo-crowdstrike-microsoft-outage-cost-the-airline-500-million.html


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