In the wake of a costly global I.T. outage, Delta Airlines (DAL) hires a law firm to seek damages from Crowdstrike (CRWD) and Microsoft (MSFT).
Delta (NYSE: DAL ) was forced to cancel at least 6,000 flights in the days following the CrowdStrike (NASDAQ: CRWD ) outage, which caused the airline to lose money. The airline has hired a top attorne
For the past few weeks, the CrowdStrike (NASDAQ: CRWD ) outage dominated the headlines. So, what exactly happened with the CrowdStrike outage?
Shares of CrowdStrike fell more than 4% in premarket trading on Tuesday after a report Delta Air Lines will seek compensation from the cybersecurity firm over the recent global IT outage that crippled
Following a sprawling technological outage this month that forced the cancellation of thousands of flights, Delta Air Lines Inc. is lawyering up to seek compensation from the two companies at the hear
Analysts estimate that the impact from the cyber outage could be in the hundreds of millions.
Delta has hired prominent attorney David Boies to pursue potential damages from CrowdStrike and Microsoft after a mass outage earlier this month, CNBC's Phil Lebeau reported on Monday. CrowdStrike sha
Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over the global cyber outage earlier this month that disrupted flights around the world, CNBC reported on
As the world remains glued to the ongoing Olympic Games in Paris, France, several brands are strategically positioning themselves to capitalize on this event's global exposure.
U.S. airlines are cutting their growth plans for the second half of the year. Over the last week, airlines shaved a point of capacity off their growth plans for the fourth quarter, according to Deutsc
Some airlines are looking extremely attractive, but some are looking like broken business models.
Airlines are already responding to industry overcapacity, which is usually good news for profitability. Travel demand remains strong.
Delta canceled more flights in less than a week due to a global IT outage than it did in two years. Between Friday and Tuesday, Delta canceled 5,470 flights.
Analysts have been cutting expectations for the premium airline after it struggled to bounce back from mass delays.
Delta Air Lines is reportedly facing a half-billion dollar hit after last week's IT outage. The air carrier on Wednesday (July 24) was still recovering from last week's incident, in which a software
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