Back to Squawk list
  • 12

Berkshire Sells Entire Stakes in U.S. Airlines

Soumis
 
Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of Delta and Southwest shares (www.nytimes.com) Plus d'info...

Sort type: [Top] [Newest]


mbrews
mbrews 2
No surprise here. Buffett moves to cut his losses. Ironically, he still owns stake in netjets, so that he & his billionaire friends avoid rubbing elbows with the peasant classes.
bentwing60
bentwing60 2
The tea leaves aren't too dense. He was totally anti airline equity forever and openly said so, and $390M in the BH portfolio is almost an off decimal % # by the current Wiki. #. If he lives long enough to see an airline that works like BNSF he will buy it all. I liked the boxes in the back of the airplane in the early days better than the "upgrade". LOL! Cheers.
Propwash122
Peter Fuller 2
Yep, as the saying goes, best way to make $100 million in the airline business is to start with $1 billion.
linbb
linbb 0
Ok so story tells two tales of two different things one all was sold but another says just part of only two airline holdings. But again its a news story so they tell things there own way. No matter what at the best its going to take many years not just a few to return any airline traffic to its past state.
Propwash122
Peter Fuller 1
The NY Times story starts with “Berkshire Hathaway Inc sold it’s entire stakes in the four largest U. S. airlines in April”, and further down the says “Berkshire disclosed on April 3 it had sold about 18% of its Delta stake and 4% of its Southwest shares.” These statements aren’t contradictory. Unlikely they sold their large holdings of airline stocks at one time.

Se connecter

Vous n'avez pas de compte? Inscrivez-vous maintenant (gratuitement) pour des fonctionnalités personnalisées, des alertes de vols, et plus encore!
Ce site web utilise des cookies. En utilisant et en naviguant davantage sur ce site, vous acceptez cela.
Rejeter
Saviez-vous que le suivi des vols FlightAware est soutenu par la publicité ?
Vous pouvez nous aider à garder FlightAware gratuit en autorisant les annonces de FlightAware.com. Nous travaillons dur pour que notre publicité reste pertinente et discrète afin de créer une expérience formidable. Il est facile et rapide de mettre les annonces en liste blanche sur FlightAware ou d’examiner nos comptes premium.
Rejeter