Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million

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Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million
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Bastian told CNBC’s “Squawk Box” on Wednesday that the carrier would seek damages from the disruptions, adding, “We have no…

Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.

The airline canceled more than 4,000 flights in the wake of the outage, caused by a botched CrowdStrike software update and taking thousands of Microsoft systems around the world offline. Bastian, speaking from Paris, where he traveled last week, told CNBC's"Squawk Box" on Wednesday, that the carrier would seek damages from the disruptions, adding,"We have no choice."CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.Other airlines recovered faster, and Delta's cascading disruptions and customer response sparked an investigation by the U.S. Department of Transportation.

Bastian, speaking from Paris, where he traveled last week, told CNBC's"Squawk Box" on Wednesday that the carrier would seek damages from the disruptions, adding,"We have no choice."Southwest to get rid of open seating, offer extra legroom in biggest shift in its historyBoeing is set to report results before the market opens.

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