Berkshire Hathaway has reentered the airline industry by acquiring a $2.6 billion stake in Delta Air Lines, marking its return after fully exiting U.S. airlines in 2020 due to the pandemic. This investment makes Delta the conglomerate's 14th-largest holding as of March. Meanwhile, Berkshire trimmed its Chevron stake, increased its position in Alphabet, and started a small stake in Macy's. Warren Buffett, now chairman, remains active in investment decisions alongside new CEO Greg Abel, despite concerns over the current investing environment and a record $400 billion cash reserve.
Delta Air Lines announced it will present at the TD Cowen Future of the Consumer Conference on June 3, 2026, with a live webcast available for investors. The airline highlighted its commitment to exceptional service and innovation, connecting over 20...
Delta Airlines is outperforming its peers in the airline industry by achieving significant fuel efficiency through a major fleet upgrade and smart business investments. Despite rising costs, especially for jet fuel which makes up 20-30% of expenses, ...
Bernstein increased its price target for Delta Air Lines to $88 from $81 and maintained an Outperform rating, highlighting Delta's structural advantage in managing fuel costs through its refinery and premium customer base. This upgrade follows UBS's ...
