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Warren Buffett Reveals Bigger Stake in Southwest and American Airlines

By Associated Press

Nati Harnik  / Associated Press

The man who once said there was no faster way to lose money than investing in airlines, Berkshire Hathaway chairman and CEO Warren Buffett, speaks during an interview with Liz Claman of the Fox Business Network, in Omaha, Nebraska. Nati Harnik / Associated Press

Skift Take: The legendary investor’s firm, Berkshire Hathaway, is doubling down on its previous $9 billion bet on the sector by buying more shares of American Airlines and Southwest Airlines. The resulting push up in share price means this has been a good time to be an airline investor.

— Sean O’Neill

Warren Buffett’s company added to …read more

From:: Skift

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