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Global tech outage to cost Air France KLM close to $11 million, says CFO
AOL· 40 minutes ago"The expectation is that it will cost us around 10 million (euros)," Zaad said in a press call, adding that KLM and Transavia bore the brunt of the disruptions while Air France ...
Southwest Airlines beats Q2 profit estimates, marks shift to premium seating
Reuters via Yahoo Finance Canada· 1 hour agoSouthwest reported second-quarter adjusted profit of 58 cents per share, about half of what it...
Delta's flight disruptions hit its premium brand image
Reuters via Yahoo Finance Canada· 3 hours agoAmong the big U.S. carriers, Delta Air Lines has assiduously built a reputation as a premium...
AirAsia’s Tony Fernandes wants Microsoft compensation for the CrowdStrike outage: ‘If I delay my...
Fortune via Yahoo Finance Canada· 4 hours ago"The principle is if we do something wrong, we have to compensate. They did something wrong. We and...
Business news in brief
telegraphherald.com· 6 hours agoCrowdStrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week’s global tech outage that grounded ...
Scrapped aircraft go around again in the circular economy
FlightGlobal· 7 hours agoVictorville, California, has one of the world’s biggest aviation ‘boneyards’, where decommissioned...
How a barcode scanner helped fix CrowdStrike mess in a flash
The Register· 9 hours agoNot long after Windows PCs and servers at the Australian limb of audit and tax advisory Grant...
CrowdStrike gives initial report on how last week's global computer outage happened
AOL· 9 hours agoCybersecurity firm CrowdStrike said Wednesday a bug in a software update caused the worldwide disruptions to banks, retailers and airlines last week. CrowdStrike said the update was meant to gather new data about potential threats.
Delta is finally emerging from chaos. Did it not learn anything from Southwest’s meltdown?
CNN Business via Yahoo Finance Canada· 12 hours agoIt’s a familiar tale in the aviation industry: A black swan event hits all airlines, causing massive...
Delta is still melting down. It could last all week
CNN Business via Yahoo Finance Canada· 12 hours agoBad news for passengers: Delta Air Lines canceled hundreds more flights early Tuesday morning, as the problems caused by last week’s global tech outage...