Thursday, 31 Oct 2024

Delta Air Lines faces a financial loss of 380 million from the CrowdStrike outage: Here's what you need to know

Delta Air Lines is facing a significant financial setback due to the widespread technology outage caused by CrowdStrike Holdings Inc.


Delta Air Lines faces a financial loss of 380 million from the CrowdStrike outage: Here's what you need to know
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Delta Air Lines is facing a significant financial setback due to the widespread technology outage caused by CrowdStrike Holdings Inc.

The airline estimates a loss of $380 million in revenue for the current quarter as a result of the incident, which led to the cancellation of thousands of flights in July.

The majority of these losses stem from customer refunds and compensation provided in the form of cash and frequent flyer miles.

Additionally, Delta incurred $170 million in costs related to passenger reimbursements and crew expenses.

The airline alleges that the disruption affected over 1.3 million customers and impacted critical applications essential for operations.

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