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Delta Air, CrowdStrike
Delta Air Lines spent $170 million on customer and crew-related costs in wake of CrowdStrike outage
Delta Air Lines was the worst-hit carrier following the CrowdStrike outage in July, canceling more than 7,000 flights across five days.
Delta Air Lines’ guidance falls short after summer challenges, CrowdStrike outage
Delta also subtly shifted its profit outlook for the full year, saying it will be “around the midpoint” of its long-held range of $6 to $7 a share, excluding the 45-cent impact from the technology outage. The airline had said Sept. 12 that it expected per-share earnings “at or above the midpoint” of that range.
Delta Stock Falls After Earnings Miss and Weak Guidance. Cost of CrowdStrike Glitch Revealed.
Delta Air Lines revealed the dollars-and-cents impact of the CrowdStrike outage on Thursday, and issued a soft fourth-quarter outlook that appears to have disappointed investors. The legacy carrier said in an earnings report that the tech glitch,
Delta shares bounce back after airline reveals $380 million hit from CrowdStrike outage
Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike.
4d
Delta’s Revenue Problems Went Beyond CrowdStrike
A faulty CrowdStrike update in July made Delta Air Lines’ third-quarter results look very unflattering. There are many other ...
4d
CrowdStrike outage knocks Delta's earnings, which fell 26% in the third quarter
A calamitous technology outage depressed Delta Air Line's financial performance in the most recent quarter. A calamitous ...
Atlanta Journal-Constitution
4d
Here’s how Delta performed in the third quarter, CrowdStrike outage and all
Delta reported a $1.27 billion profit for the third quarter, despite a $500 million financial hit after the CrowdStrike outage.
Travel Weekly
3d
CrowdStrike outage and industry overcapacity take toll on Delta in Q3
However, Delta expects a better Q4 now that U.S. airlines have moderated capacity to more closely match demand.
4d
Delta Still Wants Payback for CrowdStrike Outage
Delta Air Lines continues to pursue compensation from CrowdStrike and Microsoft for the global IT outage that [dented its earnings]( ...
Skift
4d
Delta Sees Minimal CrowdStrike Impact, Expects Lower Demand Around the Election
Delta is expecting more growth in the fourth quarter, but Election Day may cause a brief dip in travel demand.
4d
Delta Air Lines Q3 Earnings Miss Estimates, Decrease Y/Y
Delta Air Lines DAL reported third-quarter 2024 earnings (excluding 47 cents from non-recurring items) of $1.50 per share, ...
4d
'Caused by CrowdStrike': Delta CEO cites tech disruption as earnings miss
Delta missed Q3 expectations, blaming CrowdStrike after a massive IT debacle wiped valuable revenue and earnings from the ...
5d
Wall Street Breakfast Podcast: Delta Q3 Earnings In Focus After CrowdStrike Outage
Can lower fuel prices offset the July outage. BlackRock said to be exploring an acquisition of HPS. OpenAI projections ...
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