Berkshire Hathaway increased its stake in Delta Air Lines by 44% during the second quarter of 2026, lifting its position to 57.3 million shares worth roughly $5.4 billion at the end of June. The move follows an earlier purchase that had built a Delta position worth about $2.6 billion as of the end of March 2026, during Greg Abel's first quarter as chief executive after taking over from Warren Buffett in January. Delta reported record second-quarter revenue of $17.7 billion, up 14% from a year earlier, with pretax profit of $1.4 billion and earnings of $1.56 per share. The airline is guiding to full-year earnings of $6.50 to $7.50 per share, marking 20% growth from last year, along with $3 billion to $4 billion in free cash flow.
Delta Air Lines IncDelta reported record revenue and strong earnings, indicating robust demand.
Berkshire Hathaway IncBerkshire increased its stake in Delta, a capital allocation move.
