Regulatory

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

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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 f...

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