Delta was the hardest-hit US airline during the mass IT outage, and 3 days later, it's still suffering
A CrowdStrike update on Friday caused a global IT outage, disrupting flights, trains, and banks. Delta Air Lines was particularly badly impacted, canceling over 4,500 flights in four days, per FlightAware.
Delta Cancellations Extend Into Monday as Airlines Deal With Effects of Tech Outage
The air travel industry is still feeling the impacts of Friday's global tech outage, with some airlines like Delta (DAL) canceling and delaying more flights into Monday morning.
Delta cancels another 600 flights on Monday in wake of cyber outage
Delta Air Lines canceled more than 600 flights on Monday, as the U.S. air carrier continued to struggle to restore operations after last week's global cyber outage, even as other airlines were recovering from the incident.
Delta CEO Apologizes for Cancellations, but Should He?
24/7 Insights Delta Air Lines Inc.'s (NYSE: DAL) CEO has apologized for the flight cancellations due to a widespread tech outage.
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights.
Delta cancellations extend into a fourth day
Delta Air Lines is still struggling to overcome the disruptions caused by CrowdStrike's errant software update, cancelling 11% of its flights on Monday.
Delta Air Lines grapples with flight cancelations after tech outage
Delta Air Lines struggled on Sunday to restore normal operations after last week's crippling global cyber outage, canceling 1,250 flights beyond the 3,500 it had already scrapped.
Delta offers crews extra pay to staff flights as airline struggles to recover from IT outage
Delta is struggling to recover from a global IT outage even as its competitors have largely returned to normal operations.
Will Delta Air Lines Stock See Higher Levels After An Upbeat Q2?
Delta (NYSE: DAL) reported its Q2 results last week, with revenues aligning and earnings exceeding our estimates. The company reported adjusted revenue of $15.45 billion and earnings of $2.36 on a per share and adjusted basis, compared to our estimates of $15.45 billion and $2.32, respectively.
Brokers Suggest Investing in Delta (DAL): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
United Airlines Earnings Are Coming. Delta's Results Show the Risks.
The Big Three airline will post its second-quarter earnings after Wednesday's closing bell.
Why Did Delta Air Lines Stock Fall?
Delta Air Lines reported second quarter earnings with revenues slightly exceeding expectations, but unit revenue growth lagging behind capacity growth. Despite challenges with cost absorption and unit revenue contraction, Delta saw growth in premium product sales and loyalty travel awards. Analysts see significant upside potential in the stock despite subdued sentiment and signs of overcapacity.
