Delta CEO says CrowdStrike outage cost airline half a billion dollars

Date:

Delta CEO Ed Bastian said on Wednesday that the massive CrowdStrike tech outage that disrupted operations cost the airline $500 million.

Bastian pegged the negative impact that the carrier faced at “half a billion dollars in five days.”

“We’re not looking to wipe them out, but we’re looking to make certain that we get compensated however they decide to for what they cost us,” he said during an appearance on CNBC.

He linked the $500 million hit to both lost revenue and compensation the carrier doled out to “take care of our customers” during the disruptions.

The CrowdStrike outage, which started on July 19 with a faulty software update, hit Delta hard. It also impacted many other companies in various sectors worldwide.

Breck Dumas contributed to this report.

Read the full article here

spot_img

Share post:

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Popular

More like this
Related

Marine who tried to save Osprey pilots posthumously awarded top medal

The Marine Corps in a ceremony at the commandant’s...

Shadow Systems CR920X Vs CR920XP Review

We tested CR920X vs CR920XP to see...

These cities offer the best commutes for workers

Commuting can have a...

Giants make bad NFL history in disastrous loss to Commanders

The New York Giants watched as Washington Commanders...