Yesterday, Delta Air Lines, Inc.
As Delta has previously communicated, CrowdStrike Holdings, Inc.
The company anticipates non-fuel expenses related to the outage and recovery of $170 million, covering customer reimbursements and crew costs.
Also, Delta Air Lines projects fuel expenses of $50 million lower due to flight cancellations, which will reduce the projected Y/Y capacity growth for the September quarter by about 1.5 percentage points.
Ed Bastian, Delta's Chief Executive Officer, said, "An operational disruption of this length and magnitude is unacceptable, and our customers and employees deserve better."
"We are pursuing legal claims against CrowdStrike and Microsoft
Yesterday, the company was reportedly being sued by passengers who allege the carrier refused to issue full refunds following delays or cancellations caused by the computer outage.
According to Benzinga Pro, DAL stock has lost around 12% in the last 12 months. Investors can gain exposure to the stock via the U.S. Global Jets ETF
Price Action: DAL shares are up 0.20% at $39.69 premarket at the last check Friday.