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Warren Buffett's Berkshire raises stake in world's largest airline

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Warren Buffett spent years telling anyone who would listen that airlines were a terrible business to own. Buffett called them a "capital trap," a place where fuel costs and fare wars could erase profits almost overnight. Then Covid hit, and…

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Warren Buffett's Berkshire raises stake in world's largest airline
TheStreet 1h ago

Warren Buffett's Berkshire raises stake in world's largest airline

Warren Buffett spent years telling anyone who would listen that airlines were a terrible business to own. Buffett called them a "capital trap," a place where fuel costs and fare wars could erase profits almost overnight. Then Covid hit, and…