preloader icon



Apex Trader Funding - News

Delta Bleeds Money After Tech Disaster, Pursues Legal Claims Against CrowdStrike And Microsoft

Yesterday, Delta Air Lines, Inc. (NYSE:DAL) disclosed that it expects the latest operational disruptions resulting from the outage incident to have a direct revenue impact of $380 million for the September quarter due to flight cancellations and customer compensation in cash and SkyMiles. As Delta has previously communicated, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) induced outage on July 19 led to significant operational disruptions, including about 7,000 flight cancellations over five days. Also See: Delta Air Lines CEO Calls Microsoft ‘Most Fragile Platform’ After CrowdStrike Outage Causes $500M Loss: ‘When Was The Last Time You Heard About A Big Outage At Apple?’ The company anticipates non-fuel expenses ...