Berkshire Hathaway increased its stake in Delta Air Lines to 8.7% as of June 30, up from 6.1% previously, according to regulatory filings. The move makes Delta the only airline Berkshire currently owns, after the conglomerate sold its holdings in major U.S. carriers during the pandemic. The larger position signals confidence in Delta as the industry grapples with fuel costs, capacity issues, and shifting travel demand. The filing reflects holdings as of June 30 and does not indicate whether Berkshire has changed its position since then.
Delta Air Lines IncBerkshire raised its stake to 8.7%, signaling confidence in Delta.
Berkshire Hathaway IncBerkshire increased its stake in Delta, a capital allocation move.
