YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Delta outage took $150M toll on airline

Posted online
Delta Air Lines officials say the August outage that caused the cancellation of more than 2,300 flights carried a heavy financial burden.

The company is said to have lost $150 million. Of that, $100 million is in lost revenue and another $50 million is in extra costs, such as travel vouchers to affected passengers.

“This has been a challenging quarter, made more challenging by the challenges of the power outage that we had last month,” Delta Chief Financial Officer Paul Jacobson said during a presentation to investors.

Read more from the Atlanta Journal Constitution.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Aspen Elevated Health

A relocation to Nixa from Republic and a rebranding occurred for Aspen Elevated Health; Kuick Noodles LLC opened; and Phelps County Bank launched a new southwest Springfield branch.

Most Read
Update cookies preferences