Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage
CRWDCrowdStrike(CRWD) PYMNTS.com·2024-07-25 03:03

Delta Air Lines is reportedly facing a half-billion dollar hit after last week’s IT outage.The air carrier on Wednesday (July 24) was still recovering from last week’s incident, in which a software glitch at cybersecurity firm CrowdStrike brought down millions of computers running Microsoft Windows.According to Bloomberg News, analysts at Citigroup lowered estimates for Delta’s third-quarter adjusted earnings by 60 cents a share in a new report to $1.37, citing “operational expenses and potential customer c ...