Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines

Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway added a sizeable stake in Delta Air Lines , marking the conglomerate's return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position worth more than $2.6 billion, making Delta Berkshire's 14th-largest holding at the end of March, according to a new regulatory filing. …