Tag: quarterly-earnings
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You’re on Guard! Weekly Recap: CrowdStrike and Microsoft Fight Back with Delta, Spirit Reports a Further Loss, and Southwest’s Exploding Soda Cans
The Main Squawk: CrowdStrike and Microsoft call Delta’s bluff Last week, we reviewed Delta’s operational meltdown after a CrowdStrike outage led to tens of thousands of flight cancellations across the globe. It took the Company five days to recover—three times longer than any other carrier—forcing CEO Ed Bastian to do what he does best and…
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You’re on Guard! Weekly Recap: Delta Refuses to Own-Up to Its Operational Meltdown, Southwest Gets With the Times
The Main Squawk: Delta has its worst operational meltdown ever Delta’s horrific recovery from the CrowdStrike outage that occurred on Fri, July 19, was by-far the worst operational failure the U.S. airline industry has seen since the Southwest holiday travel meltdown in 2022. While the faulty update CrowdStrike pushed to its security software was certainly…
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You’re on Guard! Weekly Recap: Boeing Acquires Spirit Aerosystems and Admits Guilt in 737 MAX Crashes, Spirit’s Struggles, Southwest Plans to Take a Poison Pill
The Main Squawk: Boeing buys Spirit (Aerosystems) Boeing reached an agreement to get back together with Spirit Aerosystems. After nearly twenty years of separation, two 737 MAX crashes, and one door flying off the hinges, the two companies are now joined again at the hip. But why the separation in the first place? Back when…
