Outlook should start and the problem should be resolved.
Technical details
Outlook maintains a hidden message called LocalFreeBusy in each calendar folder. This message is only relevant to the mailbox owner and any delegates.
If a delegate user re-creates the LocalFreeBusy message, which is then not synchronized with the rest of
the calendar data, an error message may occur stating “unable to open
the free/busy...". The /cleanfreebusy switch recreates the LocalFreeBusy
message to maintain integrity.