CrowdStrike software update causes global IT outage, major airlines grounded

From Investing.com: 2024-07-19 04:24:02

A global outage has impacted banks, airlines, telecom companies, and more. Major U.S. airlines like American, Delta, and United are grounded, with airports in Europe facing issues. The cause is unclear but could be linked to Microsoft’s systems. A failed software update from Crowdstrike may be behind Windows crashes, causing chaos. CRWD shares dropped 13% in premarket trading.

The outage has disrupted services across Europe. Ryanair warned of potential disruptions affecting all airlines. At Edinburgh Airport, automated systems were down, forcing manual checks. The situation is still unfolding, with many wondering about the extent of the impact caused by the outage.



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