Tuesday, 02 January 2024 12:17 GMT

UK Air Traffic Outage Inflicted £33M Financial Losses Arabian Post


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(MENAFN- The Arabian Post) clearfix"> A software failure at Britain's air traffic control provider NATS inflicted an estimated £33 million in losses on UK organisations, with airlines bearing most of the cost, a new assessment has found.

The Cyber Monitoring Centre (CMC) said on Wednesday that the disruption on 8 September affected more than 70 UK organisations and generated losses ranging from £24 million to £42 million under its modelling. The estimate covers airlines, airports, ground handlers and tour operators, rather than a definitive calculation of lost national economic output.

Airlines accounted for just over £24 million, exceeding three quarters of the estimated total, while NATS itself lost less than £1 million in air traffic control charges. Other affected businesses sustained approximately £8 million in losses, highlighting how costs spread beyond the organisation responsible for the malfunction.

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The Arabian Post

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