Berkshire Hathaway's Q1 2026 13F filing reveals significant new investments in Delta Air Lines, Lennar, and Alphabet, signaling confidence in these beaten-down sectors and AI growth. Berkshire re-entered Delta with a $2.65 billion stake amid strong earnings and revenue growth, despite fuel cost risks. It increased Lennar holdings by 43%, buying into a housing market rebound despite recent soft results and high mortgage rates. The largest bet was on Alphabet, with a 204% increase in Class A shares and new Class C shares, reflecting strong AI-driven revenue and profit growth. These moves suggest Berkshire is buying undervalued earnings power, with the next 13F filing expected to clarify if these are initial or larger commitments.
United Airlines reported second-quarter earnings per share of $1.99, surpassing Wall Street estimates of $1.88, with revenue of $17.67 billion slightly above expectations. However, rising jet fuel prices, up 34% in July alone due to U.S.-Iran tension...
Oakmark Fund highlighted its positive outlook on the airline industry, particularly Delta Air Lines, expecting improved profitability after recent fuel price shocks. The fund also initiated new positions in Booking Holdings and Equitable Holdings, bo...
United Airlines announced it will offer customers the option to pay more to keep the middle seat empty on certain rows of its Airbus A321XLR aircraft, providing extra space and comfort. This upsell feature, common in Europe as a form of short-haul bu...
Delta Air Lines showed resilience in Q2 despite rising fuel costs linked to Middle East tensions by passing most of these costs to customers. Revenue grew due to higher premium fares and refinery income, but earnings fell by $500 million as expenses ...
The 2026 FIFA World Cup, hosted largely in the US, has driven significant traffic gains for major US airlines like American, Delta, and United. American Airlines added over 27,000 seats on routes to host cities, while United saw nearly a 20% booking ...
