Reported 2 months ago
Delta Air Lines revealed below-expected earnings for the third quarter, reporting $1.50 per share against the anticipated $1.52, and revenue of $14.59 billion, missing the expected $14.68 billion. CEO Ed Bastian attributed a portion of the earnings dip to a recent outage from CrowdStrike. Despite challenges such as increased labor costs and declining unit revenue, Bastian noted Delta's resilience in maintaining reliability within the industry.
Source: YAHOO