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International Business Times
International Business Times
Business
Ann Resuma

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

Delta Air Lines revealed it is facing $500 million in costs due to the global tech outage earlier this month, which disrupted airline services, communications, emergency services, and more.

Ed Bastian, Delta Air Lines CEO, told CNBC that this figure represents the airline's lost revenue, including tens of millions of dollars spent daily on "compensation and hotels" during the five-day disruption caused by the outage.

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