Delta’s IT outage-related woes are costing airline $350 million and counting, analysts say

The IT outage caused by a CrowdStrike patch that led Delta Air Lines Inc. to cancel some 6,700 flights since Friday will cost the airline $350 million and shave 200 basis points off operating margins.

Previous post If Fed cuts rates the dollar will fall? History shows it’s never so simple.
Next post Pfizer’s gene therapy for rare genetic bleeding disorder succeeds in late-stage trial