- Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.
- The airline canceled more than 4,000 flights in the wake of the outage, which was caused by a botched CrowdStrike software update and took thousands of Microsoft systems around the world offline.
- Bastian, speaking from Paris, told CNBC’s “Squawk Box” on Wednesday that the carrier would seek damages from the disruptions, adding, “We have no choice.”
Don’t worry everyone… Each and everyone of the CEOs involved in this debacle will earn millions this year and next and will eventually retire with more money they could possible spend in 10 lifetimes
If anything, they’ll continue to fall upwards completely deserving even more money
Additionally, don’t worry, they’ll just shift more costs onto the consumer and ultimately widen their profit-margins in no time.
Perhaps Boeing can save the airline industry a little more by lowering the costs of their planes by removing another bolt and jerry-rigging flight software onto an antiquated platform.