The conglomerate had held sizeable positions in the airlines, including an 11% stake in Delta Air Lines, 10% of American Airlines Co, 10% of Southwest Airlines Co and 9% of United Airlines at the end of 2019, according to its annual report and company filings. Buffett said the airline industry’s outlook rapidly changed. Berkshire disclosed on April 3 it had sold about 18% of its Delta stake and 4% of its Southwest shares. …read more
Source:: Yahoo Finance
