Economy
World / Countries / MNCs
Berkshire’s big aviation comeback: Buffett buys $2.6 billion Delta stake

Just Earth News | @justearthnews | 16 May 2026, 04:18 am Print

 Berkshire’s big aviation comeback: Buffett buys $2.6 billion Delta stake Delta

Berkshire Hathaway returned to the airline industry by adding a sizeable stake in Delta Airlines. Photo: ChatGPT Recreated

Berkshire Hathaway returned to the airline industry by adding a sizeable stake in Delta Airlines, media reports said.

The Omaha-based company had completely exited the sector in 2020 when the world was grappling with the COVID pandemic.

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, reported CNBC.

Six years ago, Warren Buffett stunned the world and investors when he sold Berkshire’s entire equity portfolio of U.S. airlines. It included stakes worth more than $4 billion across
United, American, Southwest and Delta Air Lines.

Among Berkshire’s largest holdings, the firm trimmed its stake in Chevron during the quarter while significantly increasing its relatively new position in Alphabet, reported CNBC.

It is currently Berkshire’s seventh-largest holding.

Berkshire also initiated a small position in Macy’s, valued at roughly $55 million at the end of the first quarter, reported CNBC.

Meanwhile, after trimming the position last year, the conglomerate has fully exited Amazon.

Other stocks Berkshire sold included UnitedHealth Group, Aon, Pool Corporation, Domino’s Pizza and Charter Communications, CNBC reported.