Delta Air Lines Is Berkshire Hathaway's only Airline Stock (DAL:NYSE)

Delta Air Lines is Berkshire Hathaway's only airline stock (DAL:NYSE)

Delta Air Lines stock ticks up as Berkshire Hathaway raises its stake to 8.7%.

Berkshire Hathaway Expands Delta Air Lines (NYSE: DAL) Position, Reshaping Airline's Investment Profile

Berkshire Hathaway (NYSE: BRK-B) has disclosed in recent filings that it significantly added to its Delta Air Lines (NYSE: DAL) stake while also reshaping its broader equity portfolio. The moves included exiting Constellation Brands entirely and trimming its existing Bank of America position, signaling a deliberate reallocation of capital toward the airline sector. Delta now sits alongside Berkshire’s core holdings, which include Apple, American…

Warren Buffett's Berkshire raises stake in world's largest airline

Warren Buffett spent years telling anyone who would listen that airlines were a terrible business to own. Buffett called them a "capital trap," a place where fuel costs and fare wars could erase profits almost overnight. Then Covid hit, and…