Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week.
Delta Air Lines CEO Ed Bastian says the airline is facing $500 million in costs related to a global tech outage last week that disrupted emergency services, communications and thousands of businesses. 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.
Cybersecurity company CrowdStrike also outlined measures it will take to prevent the problem from recurring, including staggering the rollout of updates, giving customers more control over when and where they occur, and providing more details about the updates that it plans. Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident. The U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Delta CEO says airline is facing $500 million in costs from global tech outage last weekDelta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week. 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.
Read more »
Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 millionBastian told CNBC’s “Squawk Box” on Wednesday that the carrier would seek damages from the disruptions, adding, “We have no…
Read more »
Save $500 On The New EcoFlow DELTA Pro 3 Portable Power StationClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »
Delta passengers can count on 'minimal' flight cancellations Wednesday, CEO Ed Bastian saysChaos is easing for Delta Air Lines passengers after the global CrowdStrike outage forced the carrier to scratch thousands of flights.
Read more »
Revolut CEO to sell part of stake in $500 million share sale, Sky News reportsRevolut CEO to sell part of stake in $500 million share sale, Sky News reports
Read more »
I tried every Apple Vision Pro alternative ($3,500 vs $500)Rado, a tech enthusiast with a love for mobile devices, brings his passion for Android and iPadOS to PhoneArena. His tech journey began with MP3 players and has evolved to include tinkering with Android tablets and iPads, even running Linux and Windows 95 on them. Beyond tech, Rado is a published author, music producer, and PC game developer.
Read more »