00:00It's Benzinga, and here's what's on the block.
00:02CrowdStrike's lawyer said Delta turned down on-site assistance from CrowdStrike in the
00:06wake of the July outage that caused thousands of flight cancellations.
00:10Delta's CEO estimated the mass cancellations cost the company $500 million, while CrowdStrike's
00:15liability is capped at under $10 million.
00:18Delta canceled over 5,000 flights after the outage, taking longer to recover operations
00:22than its rivals.
00:24CrowdStrike's lawyer said Delta would need to explain why it did not cooperate with CrowdStrike
00:28after the incident.
00:29CrowdStrike's shares have fallen over 36% since the July outage.
00:32For all things money, visit Benzinga.com.
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