Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week. Speaking on CNBC, Bastian said Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of dollars per day in compensation and hotels” for the five-day period.
FILE - Passengers wait in line for assistance at the Delta Terminal, July 19, 2024, at Logan International Airport in Boston. Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown that happened earlier this month. FILE - A Delta Air Lines jet leaves the gate, July 19, 2024, at Logan International Airport in Boston.
A week ago, CrowdStrike blamed a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off theCybersecurity company CrowdStrike also outlined measures it will take to prevent the problem from recurring, including staggering the rollout of updates, giving customers more control over when and where they occur, and providing more details about the updates that it plans.
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