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Market
How much compensation will Delta Air Lines receive from Microsoft and CrowdStrike by end of 2024?
3
Resolution / Starting Odds
More than $500 million • 25%
Between $250 million and $500 million • 25%
Less than $250 million • 25%
No compensation • 25%
Publicly available news sources, official statements from Delta Air Lines, Microsoft, or CrowdStrike
Story
Delta Hires David Boies to Seek $500 Million Compensation from Microsoft and CrowdStrike Over Cyber Outage
Jul 29, 2024, 11:22 PM
Delta Air Lines has hired prominent attorney David Boies and a law firm to seek compensation from Microsoft and CrowdStrike following a global cyber outage earlier this month, CNBC reports. The outage, reportedly caused by a CrowdStrike update, led to the cancellation of thousands of flights and resulted in over $500 million in damages for Delta. The airline aims to recover these losses from Microsoft and CrowdStrike, with a total estimated loss of $5.4 billion, of which $1 billion is covered by insurance.
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Similar markets
Less than $100 million • 25%
$100 million to $250 million • 25%
$250 million to $500 million • 25%
More than $500 million • 25%
Yes • 50%
No • 50%
Settlement reached • 25%
Delta wins in court • 25%
CrowdStrike wins in court • 25%
Case ongoing • 25%
Yes • 50%
No • 50%
Less than 50,000 • 25%
50,000 to 100,000 • 25%
100,000 to 150,000 • 25%
More than 150,000 • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%