Delta Airlines Faces $500 Million Loss Due to Global Tech Outage

Reported 3 months ago

Delta Airlines CEO Ed Bastian announced that the airline is facing $500 million in costs due to a recent global tech outage that disrupted emergency services and affected thousands of businesses. The costs stem from lost revenue and expenses for accommodations and compensation during the incident. The outage was attributed to a bug in an update from cybersecurity firm CrowdStrike, and the U.S. Department of Transportation is investigating Delta's delayed recovery compared to other airlines.

Source: YAHOO

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