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An announcement from Delta Air Lines (DAL) is now available.
Delta Air Lines is taking legal action against CrowdStrike and Microsoft seeking at least $500 million in damages after a significant outage on July 19, 2024, led to 7,000 flight cancellations over five days. The incident caused substantial operational and financial setbacks, including an estimated $380 million in direct revenue impact and $170 million in non-fuel expenses for recovery efforts. Delta’s CEO, Ed Bastian, emphasized the company’s rapid return to industry-leading performance levels and commitment to upholding the high standards expected by customers and employees.
See more data about DAL stock on TipRanks’ Stock Analysis page.
