Delta Air Lines to Present at the Morgan Stanley Laguna Conference

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Go back to Delta Air Lines to Present at the Morgan Stanley Laguna Conference

Why did the CrowdStrike outage have a bigger impact on Delta?

September 5, 2024 7:00 PM EDT

In a note to clients on Thursday, analysts at Bernstein said Delta Air Lines (NYSE: DAL) experienced a more severe impact from the recent CrowdStrike Holdings Inc. (NASDAQ: CRWD) outage compared to its peers, with a 30% cancellation rate during the initial weekend.

This disruption raised concerns among investors, not just about the outage itself but also about a potential technology deficit at Delta, an airline widely regarded as one of the best in the business.

However, Bernstein argues that structural factors unique to Delta, rather than... More