Berkshire Hathaway Accumulates $2.6 Billion Delta Air Lines Position in Q1 Under Abel

GateNews
BRKB0.5%
DAL1.6%
AXP0.13%
KO0.43%

According to Jin10, Berkshire Hathaway accumulated a $2.6 billion position in Delta Air Lines (NYSE: DAL) in the first quarter under CEO Greg Abel’s leadership, marking the company’s return to the airline after divesting all aviation holdings in 2020. Abel assumed the chief executive role in January and signaled in his first shareholder letter in February that Berkshire would maintain a concentrated investment strategy focused on core holdings such as Apple, American Express, Coca-Cola, and Moody’s. Despite fuel cost pressures from regional tensions, Delta shares have risen 1.2% year-to-date.

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