Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown this month.
FILE - Passengers wait in line for assistance at the Delta Terminal, July 19, 2024, at Logan International Airport in Boston. Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown that happened earlier this month. Speaking on CNBC, Bastian said Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of dollars per day in compensation and hotels” for the five-day period.
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