Marketplace®

Daily business news and economic stories

Buffett says airlines are now a good investment

For decades, the investor said airlines were a good way to lose money.

Warren Buffett has invested heavily in American Airlines, Delta and United. He even bought some Southwest shares.
Warren Buffett has invested heavily in American Airlines, Delta and United. He even bought some Southwest shares.
SAUL LOEB/AFP/Getty Images

Warren Buffett has said for years that airlines were a lousy investment. Until he decided they weren’t. Buffett’s Berkshire Hathaway disclosed big investments in the major airlines yesterday — 21.8 million shares of American, 6.3 million of Delta and 4.5 million of United. He said he also bought some Southwest stock for good measure. Warren Buffett is a billionaire who invests for the long term. What does his new high hopes for airlines mean for their customers?

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    2 days ago
    25:17
  • Make Me Smart
    2 days ago
    28:36
  • Marketplace Morning Report
    2 days ago
    8:33
  • Marketplace Tech
    2 days ago
    10:26
  • Million Bazillion
    5 days ago
    32:45
  • This Is Uncomfortable
    3 months ago
    35:26