Global tech outage to cost Air France KLM close to $11 million, says CFO

Quick Summary:

Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday.

The group is one of the first airlines to disclose a cost linked to the disruption".

The group is one of the first airlines to disclose a cost linked to the disruption.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: Software Outage Grounded France Systems 2024 Flights Delta Line Update Tampa

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 19:05:31 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21771874

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Official Website: channelnewsasia.com

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