Delta to Seek Damages from CrowdStrike

Delta Air Lines has engaged attorney David Boies to pursue damages from CrowdStrike and Microsoft following a significant outage that occurred earlier this month. The incident, triggered by a software update from CrowdStrike, resulted in widespread disruptions across various industries, particularly affecting airlines. Delta estimates the financial impact of the outage to be between $350 million and $500 million, with nearly 7,000 flights canceled and over 176,000 refund requests filed.

The Department of Transportation is currently investigating the situation, which has led to a notable decline in CrowdStrike's stock value, dropping nearly 25% over two days due to concerns about the company's future business prospects. Although no formal lawsuit has been filed yet, Delta is actively seeking compensation for the losses incurred.

CrowdStrike's incident is estimated to have caused a total loss of approximately $5.4 billion for Fortune 500 companies, excluding Microsoft. Boies, known for his high-profile legal work, including antitrust cases against Microsoft, is expected to lead Delta's efforts in this matter. The situation continues to evolve as Delta navigates the aftermath of the outage and its implications for its operations and financial standing.