1Bn cost global outage affects airlines with lost revenue, labor, fuel costs, and consumer inconvenience.
1Bn cost global outage: Airlines bear brunt, consumers face inconvenience and disruptions. The global outage could cost up to $1bn, with airlines suffering lost revenue from canceled flights, excess labor and fuel costs for delayed flights, and increased consumer inconvenience and disruption. However, the allocation of these costs is unclear.
July 21, 2024
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