Delta chief operations officer departing for another company

Delta chief operations officer departing for another company

Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024. Andrew Harnik | Getty Images Delta Air Lines‘ chief operating officer is leaving at the end of the month, the company said in a securities filing on Friday. CEO Ed Bastian said in an employee memo that Chief … Read more

Private jet flights: Covid-era demand wanes

Private jet flights: Covid-era demand wanes

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington’s Reagan National Airport on June 12, 2024, in Arlington, Virginia. J. David Ake | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to … Read more

Delta says chaos after CrowdStrike outage cost it $550 million

Delta says chaos after CrowdStrike outage cost it 0 million

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California.  Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is … Read more

Market correction may not be over yet

Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Correction may not be over yet

Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a massive IT outage. Delta struggled more than rival airlines to recover from the outage, cancelling more than 5,000 flights in the days … Read more

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

Travelers wait in line, as a flight board shows delays, on the check-in floor of the Delta Air Lines terminal at Los Angeles International Airport (LAX) on July 23, 2024 in Los Angeles, California.  Mario Tama | Getty Images CrowdStrike on Sunday said Delta Air Lines had rejected onsite help during last month’s massive outage … Read more

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Ed Bastian, chief executive officer of Delta Air Lines Inc., speaks during a keynote at CES 2020 in Las Vegas, Nevada, U.S., on Tuesday, Jan. 7, 2020. Bridget Bennett | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught … Read more

CrowdStrike-Microsoft outage cost the airline $500 million

CrowdStrike-Microsoft outage cost the airline 0 million

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees ‘strong demand’ for flights carrying into 2023.  Jeenah Moon | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month … Read more

CrowdStrike shares plunge 11% on report that Delta may seek damages

CrowdStrike shares plunge 11% on report that Delta may seek damages

Sopa Images | Lightrocket | Getty Images CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $28.98 to $228.83 as of early afternoon trading. The company has now … Read more