Delta expects $380 million impact on third quarter from IT outage

Delta Air Lines said it expects third quarter revenues to be impacted by around $380 million following the global IT outage that rocked airlines’ operations on July 19, 2024. The airline is seeking to recover a total of at least $500 million in damages from Microsoft and the cybersecurity software firm CrowdStrike linked to the outage. The software issue stemmed from a “defect found in a single content update for Windows hosts,” said the cybersecurity company’s CEO and president George Kurtz. was a result of cybersecurity software CrowdStrike. “For the September quarter, the direct revenue impact of incident is estimated