“Berkshire was fearful when others were most fearful in the early months of COVID. Dumping airline stocks at or near the low.”
Airlines (General)
$DAL17 mentions across the corpus · positive 3 · negative 1 · neutral 13 · historical 0
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“American Airlines, and Delah Airlines, and Southwest Airlines, and United Continental”
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“you own stakes in all the major airlines, but not as much as as Delta. I think you own north of 11% of Delta at this point? Well, our largest position is in Delta.”
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“with Delta, we own 18% of American Express, and American Express is a bank holding company”
Morning Session - 2019 Meeting
“We did go over recently, for example, in Dell Airlines. That was actually an action. but I don't mind the fact at all that we did.”
Buffett: We need to help free trade's "roadkill" | March 28, 2019
“delta made an appearance...they announced they'd bought in 26 or 27 million shares and borrowed a billion dollars to do it...i like that...i like the fact they were willing to borrow”
2019 Berkshire Hathaway Shareholder Letter
“Delta Airlines 11.0% 114 416”
2019 Berkshire Hathaway Shareholder Letter
“70,910,456 Delta Air Lines, Inc. ........................ 11.0 3,125 4,147”
Buffett's health care partnership is "determined" to contain costs | February 26, 2018
“It's United Delta American and Southwest, right? Those are the four big ones.”
2018 Berkshire Hathaway Shareholder Letter
“65,535,000 Delta Air Lines, Inc. ........................ 9 . 6 2,860 3,270”
Morning Session - 2017 Meeting
“all four of the major airlines are buying in stock at a fairly low multiples... all four of the companies we have will have higher revenues”
Buffett buys airlines and Apple | February 27, 2017
“the four majors. That would be American, Delta, United Continental, and Southwest.”
2017 Berkshire Hathaway Shareholder Letter
“53,110,395 Delta Airlines Inc. .......................... 7 . 4 2,219 2,974”
2016 Berkshire Hathaway Shareholder Letter
“54,934,718 Delta Airlines Inc. .................................. 7.5 2,299 2,702”
Buffett sees "gradual improvement" in economy | May 6, 2013
“It's not like flying for Delta, for United, and you're getting on a 737. It doesn't matter where you are.”
How Executive Jet has done better than airlines
“if you're running a big airline at Delta or United or whatever, if your costs are on paramed, or less labor costs than your other major competitors”
Morning Session - 2001 Meeting
“if you're running a big airline, a day. Delta or United or whatever, if your costs are on parity or less labor costs”