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Delta CEO announces CrowdStrike outages cost airline $500M

Delta Air Lines CEO Ed Bastian (DAL) claims the global outages linked to a CrowdStrike (CRWD) update disrupting Microsoft Windows (MSFT) systems will end up costing the company $500 million in losses. Many of the losses will have to cover all the reimbursements to affected customers. Delta is reportedly considering whether to pursue legal action against CrowdStrike over the outages that disrupted its operations worldwide. Catalyst Anchors Madison Mills and Seana Smith break down the latest developments with these companies and how they may operate moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino Read More...

Delta Air Lines CEO Ed Bastian (DAL) claims the global outages linked to a CrowdStrike (CRWD) update disrupting Microsoft Windows (MSFT) systems will end up costing the company $500 million in losses. Many of the losses will have to cover all the reimbursements to affected customers.

Delta is reportedly considering whether to pursue legal action against CrowdStrike over the outages that disrupted its operations worldwide.

Catalyst Anchors Madison Mills and Seana Smith break down the latest developments with these companies and how they may operate moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino

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