Delta faces $500m in costs from CrowdStrike global tech outage

Multiple-day outage caused airline to lose revenue by cancelling and delaying thousands of flights

Ed Bastian, CEO of Delta Air Lines, says the airline is facing $500m in costs related to a global tech outage that disrupted emergency services, communications and thousands of businesses.

Speaking on CNBC, Bastian said on Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of dollars per day in compensation and hotels” for the five-day period.