Delta Air Lines has reported an eye-watering pre-tax loss of $15.6 billion (£11.2 billion/€12.6 billion), as the international travel industry shows the scars from a pandemic-blighted year.
David Owen Chief ColumnistFollow @dodo938
Recent articles by David
Private investment group Sixth Street set for majority stake in LA 2028 sponsorship sales agency Legends
A deal has been agreed giving a private equity group called Sixth Street majority control of the sponsorship sales agency for the Los Angeles 2028 Olympic and Paralympic Games.
International Olympic Committee (IOC) sponsor Intel has appointed a new chief executive.
In business, as in sport, sometimes it never rains but it pours, and in logging on to the Financial Times, website earlier this week, eyes were drawn to a headline proclaiming, "Chinese courier sets fire to himself in protest over unpaid Alibaba wages".
Canadian Prime Minister Justin Trudeau is among a long list of personalities from sport and beyond who have paid tribute to Richard Pound, who has stepped down from the World Anti-Doping Agency (WADA) Foundation Board.
The International Boxing Association (AIBA) has received a vital approximately CHF4 million (£3.3 million/$4.4 million/€3.6 million) payment relating to next year’s planned Global Boxing Cup, insidethegames understands.
The now suspended New Delhi laboratory recorded by far the highest proportion of positive tests among the 30 laboratories for which statistics are given in the World Anti-Doping Agency (WADA)’s newly-published anti-doping testing figures report for 2019.
The World Anti-Doping Agency (WADA) has decided to strip so-called "aggregated data" out of its annual testing figures report, reducing the number of samples included by more than 20 per cent, based on 2018 figures.
Nike has started growing again after its COVID-19-linked blip.
The International Boxing Association (AIBA) will be out of debt in six months and will fulfil "all of its financial obligations", according to Umar Kremlev, its new President.
AIBA ability to repay debts depends on "proper execution" of agreements for 2021 competitions, claims auditor
The International Boxing Association (AIBA) faces a critical few weeks, with an auditor warning it will be unable to repay its debts when they fall due if payments related to next year's competitions are not received before January.
Russian athletes responsible for most anti-doping rule violations in 2018, according to new WADA data
Athletes from Russia have taken over from Italians as those responsible for the most confirmed anti-doping rule violations (ADRVs), according to new statistics made public by the World Anti-Doping Agency (WADA).
Timing is everything in sport and financial markets – and, boy, does International Olympic Committee (IOC) global sponsor Airbnb appear to have got its timing right on when to float on the stock market.
Solideo, the state-owned company in charge of the construction sites for the 2024 Olympic and Paralympic Games in Paris, has settled its budget for 2021, when building work is set to get underway in earnest.
After two weeks of mainly good news, the International Olympic Committee (IOC) and other bodies planning events for mid-2021 have received a COVID reality-check in the shape of the announcement that the 2021 Paris Air Show has been cancelled.