Delta estimates $500M+ damages from CrowdStrike outage; pursuing legal claims

DELTA AIR LINES, INC.

7,000 flight cancellations over five days from July 19 CrowdStrike outage.
Estimated direct revenue impact of $380M for Sep quarter; non-fuel expenses $170M; fuel savings $50M.
Pursuing legal claims against CrowdStrike and Microsoft for at least $500M in damages.
Capacity growth impacted by ~1.5 percentage points due to cancellations.
CEO Ed Bastian calls disruption 'unacceptable'.

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