Language:

Search

Delta CEO says CrowdStrike outage cost airline half a billion dollars

  • Share this:
Delta CEO says CrowdStrike outage cost airline half a billion dollars

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."

CLICK HERE TO READ MORE ON Gxstocks

"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.

 
Delta customers at help counter amid outage

People looking for missing bags wait in line to speak with Delta Air Lines baggage in the Delta baggage claim area at Los Angeles International Airport on July 24, 2024, in Los Angeles, California. (PATRICK T. FALLON/AFP via Getty Images / Getty Images)

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.

GET Gxstocks ON THE GO BY CLICKING HERE

 

Breck Dumas contributed to this report.

 
Olivia Smith

Olivia Smith

News: Get latest stock share market news, financial news, news, economy news, company news, politics news, breaking news at Business Standard. Catch all the latest Nifty Sensex news live updates.