Delta's Q3 profits fell below $1 billion after global tech outage

ATLANTA, Georgia: Delta Air Lines' third-quarter profit dropped to US$971 million, a 26 percent decline compared to last year, as the airline grappled with a global technology outage that caused widespread flight cancellations and signaled a potential slowdown in air travel demand.

The technology failure in July, which grounded 7,000 flights, cost the airline approximately $500 million in losses.

Despite