> Warren Buffett Blog: Warren Buffett reduces stake in Delta and Southwest Airlines

Saturday, April 25, 2020

Warren Buffett reduces stake in Delta and Southwest Airlines


Berkshire Hathaway has sold about 18% of its stake in Delta Air Lines and 4% of its holdings in Southwest Airlines this week, as the corona-virus pandemic drives the airline industry into perhaps its a nightmare scenario.

According to regulatory filings, Berkshire sold nearly 13 million Delta shares for about $314 million and roughly 2.3 million Southwest shares for about $74 million.