Delta Air Lines expects $500 million in losses due to Microsoft technology outage
Civil Aviation Resources Network, August 01, 2024: According to Reuters, Delta Air Lines CEO Ed Bastian said that the company will face a loss of $500 million due to global IT outages caused by technical failures of Microsoft and CrowdStrike.
The U.S. Department of Transportation said last week that it had begun an investigation into Delta Air Lines' large-scale flight cancellations since July 19. Although other airlines have been able to resume normal operations, Delta Air Lines is still canceling hundreds of flights a day due to problems with related applications.