What happened
Berkshire Hathaway disclosed a significant new position in Delta Air Lines via its Form 13F filing. The conglomerate purchased 39,809,456 shares in the first quarter of 2026 at an average cost of approximately $66.50 per share, totaling $2.65 billion. This marks Delta as Berkshire's 14th largest holding. The move is notable given Warren Buffett's historical skepticism toward the airline industry, having previously sold off stakes in major carriers during the pandemic. The announcement coincided with a rise in Delta's stock price