Will Warren Buffett buy Southwest, American or another airline? Here’s what he said
Famed investor Warren Buffett has quelled speculation that he’d buy an airline.
Berkshire Hathaway Inc. (NYSE: BRK.A), of which Buffett is CEO and chairman, has significant stakes in all the Big 4 U.S. airlines: Dallas-based Southwest Airlines Co. (NYSE: LUV), Fort Worth-based American Airlines Group Inc. (Nasdaq: AAL), Atlanta-based Delta Air Lines Inc. (NYSE: DAL) and Chicago-based United Airlines Holdings Inc. (Nasdaq: UAL).
In an interview with CNBC on Feb. 24, Buffett was asked if Berkshire…