CrowdStrike IT outage: Delta Air Lines says it faced losses of up to 500 M, will seek damages

Financial Advisors

CrowdStrike IT outage: Delta Air Lines says it faced losses of up to 500 M, will seek damages

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Delta Air Lines faces a significant financial setback following an IT outage caused by a faulty CrowdStrike update earlier in July, with estimated losses reaching $500 million. Delta’s CEO Ed Bastian announced the financial impact and emphasized the company’s intention to seek damages for the disruptions that grounded thousands of planes and caused widespread passenger

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