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The Latest Breaking News from Ed Bastian

Delta's earnings take $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.

Fortune

Delta Air Lines Stock: What Should You Expect from Q3 Earnings?

Down 22% from all-time highs, Delta Air Lines is relatively cheap and can deliver outsized gains if it beats Wall Street's estimates in Q3 of 2024.

Barchart

Bottom 100 Stocks to Buy: Is Hertz Global Holdings Ready for a Second Trip to Chapter 11?

Hertz Global Holdings jumped onto the Barchart Bottom 100 Stocks to Buy in Monday, trading in the 72nd position. Down 66% year-to-date, is the car rental company ready for Chapter 11? Or is it a value play? Here’s a look at both arguments.

Barchart

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Microsoft wants to beef up Windows security to prevent CrowdStrike-like fiascos, but there are critical concerns: "A world where only Microsoft can provide effective endpoint security is not a more secure world"

Microsoft is in talks to develop a new platform that could satisfy the needs of security vendors following the massive outage caused by a faulty CrowdStike that left over 8.5 million Windows devices with BSODs for hours.

Windows Central

Why Delta was left reeling from the CrowdStrike outage more than rival airlines

Delta’s concentrated Atlanta hub and varied fleet made it vulnerable, according to Bernstein.

Fortune

Down 27% from Highs, Should You Buy the Dip in Delta Air Lines Stock?

Delta stock is down 16% in the last month, pressured in large part by a CrowdStrike outage that tied up flights for days. Is the highest-rated domestic airline stock a buy at current levels?

Barchart

Microsoft hits back at Delta — says airline refused help following CrowdStrike outage, and even ignored an email from Satya Nadella himself

Delta CEO apparently ignored email offering help from Microsoft CEO Satya Nadella following IT outages.

TechRadar

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Microsoft hits back at Delta after the airline said last month's tech outage cost it $500 million

Microsoft is joining cybersecurity firm CrowdStrike in fighting back against criticism from Delta Air Lines

The Independent UK

Microsoft snaps back at Delta, accuses airline CEO of sharing comments that were "incomplete, false, misleading, and damaging to Microsoft and its reputation"

Microsoft shared a strong respond to recent accusations from the Delta CEO. Microsoft called Delta's claims surrounding the recent CrowdStrike outage "incomplete, false, misleading, and damaging to Microsoft and its reputation."

Windows Central

CrowdStrike and Delta fight over who's to blame for the airline canceling thousands of flights

Cybersecurity software company CrowdStrike is firing back at Delta Air Lines

The Independent UK

CrowdStrike lashes out at Delta and calls its lawsuit 'meritless' after it reportedly rejected 'free onsite help' leading to half a billion flight disruption losses

CrowdStrike says it's not at fault for the flight disruptions that impacted Delta Air Lines leading to a loss of $500 million. The cybersecurity firm questions the airline's reluctance to accept free onsite IT consultation advice during the chaos.

Windows Central

Delta CEO says Microsoft is "probably the most fragile platform" after it lost "half a billion dollars in five days" during the CrowdStrike outage

Delta CEO Ed Bastian recaps the CrowdStrike IT outage that impacted Microsoft's cloud and Windows services, leaving thousands of passengers stranded and leading it to incur a $500 million loss in 5 days.

Windows Central

Delta CEO slams Windows as ‘fragile’ after CrowdStrike meltdown, says Apple wouldn’t have massive outage

Delta's CEO has thrown shade at Microsoft after the CrowdStrike outage cost the airline half a billion dollars

Tom’s Guide

Delta Airlines CEO slams Microsoft and CrowdStrike over global meltdown — “When was the last time you heard of a big outage at Apple?”

In an interview with CNBC, Delta Airlines CEO Ed Bastian questions when Apple last had an outage on the scale of CrowdStrike and Microsoft.

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International Business Times

Delta Says Fallout From Global Tech Outage Will Cost Company $500M

CrowdStrike, the security company responsible for the global tech outage, attributed the problem to a bug in an update they made.

The Independent UK

Delta CEO says airline is facing $500 million in costs from global tech outage last week

Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week

Top News

US Flights Canceled After Global Tech Outage

US flights disrupted by a global tech outage caused by a Microsoft update, leading to chaos and economic losses.

The Guardian - UK

CrowdStrike says significant number of devices back online after global outage

But experts says full recovery from Friday’s IT failure could take weeks

The Independent UK

Delta Air Lines says cancellations continue as it tries to restore operations after tech outage

Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights

The Independent UK

Higher costs and low base fares send Delta's profit down 29%. The airline still earned $1.31 billion

Delta Air Lines says its second-quarter profit is down 29% from a year earlier, and it's giving a disappointing outlook for the third quarter

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