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Delta’s Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

  • Delta Air Lines' Q3 profit fell below $1 billion due to a global tech outage causing 7,000 flight cancellations and a $500 million cost hit.
  • The outage, from a faulty CrowdStrike software update, led to a $380 million revenue loss and $170 million in extra costs for Delta.
  • A U.S. Department of Transportation investigation is ongoing, and Delta seeks compensation from CrowdStrike and Microsoft.
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