Warren Buffett Famously Bailed On Airlines in 2020. Now Berkshire Just Bet $2.65 Billion on Delta. Time to Buy?

A six-year exile from the airline sector just ended with one of the conglomerate's biggest new positions in years.
CNBC

Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines

Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate's return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The ...

Warren Buffett’s Berkshire opens a $2.6B stake in world's largest airline

Warren Buffett spent decades avoiding airline stocks. He called them a capital trap, a business where no matter how well you ...
Connecticut Post

5 of the Best Lessons From Warren Buffett's December 2020 Commencement Speech

Graduates of the University of Nebraska-Lincoln received the commencement gift of a lifetime on Saturday when the school’s most famous alumni, Warren Buffett, addressed them in an online commencement ...

Buffett Watch

These are the publicly traded U.S. stocks owned by Warren Buffett's holding company Berkshire Hathaway, as reported to the ...
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Warren Buffett famously bailed on airlines in 2020. Now Berkshire just bet $2.65 billion on Delta. Time to buy?

Berkshire Hathaway disclosed a brand-new 39.8 million-share stake in Delta Air Lines in its latest 13F filing. Delta's premium products revenue surpassed main cabin revenue for the first time in the ...