Warren Buffett's Berkshire Hathaway buys Delta stock

Warren Buffett's Berkshire Hathaway has bought stock in Atlanta-based Delta Air Lines, according to a regulatory filing.

The billionaire's firm now owns $249.3 million worth of Delta shares, according to the filing with the U.S. Securities and Exchange Commission.

Delta shares closed at $47.47 on Monday and were up more than 2 percent in after-hours trading.

Berkshire Hathaway also disclosed it has purchased shares of American Airlines and United Airlines. And Buffett, known as the Oracle of Omaha, told CNBC that he has also bought shares of Southwest Airlines.

It's an unusual turn of events for airline stocks, which have gone through a roller-coaster of volatility for years.

In a written statement, Delta said it "welcomes new investors as we continue to build a model for sustainable, long-term success as a high-quality global company that consistently produces solid returns."

About the Author

High-tech founder to pay initial startup costs for Georgia Tech grads

Christopher Klaus, a tech company founder, announced during his Georgia Tech commencement address he would cover the graduates’ costs to incorporate a startup.

Unsure about the economy? So are these top Georgia CEOs

Tariffs and uncertainty have these Georgia companies holding back 2025 guidance.

Back-to-school shopping could cost more, maker of Carter’s, OshKosh says

Atlanta-based children's clothing retailer Carter's said its prices could be hit significantly by tariffs.

The Latest

Credit: AP

Unsure about the economy? So are these top Georgia CEOs

High-tech founder to pay initial startup costs for Georgia Tech grads

$1.7 billion expansion planned in one of metro Atlanta’s most-desired communities

Featured

Credit: Philip Robibero/AJC

Interactive: What Georgia voters think about Donald Trump’s first 100 days, the issues and 2026 election

Explore the AJC's interactive poll results to see how Georgians' opinions differ about politics based on their gender, age, race, education, income and political leaning.

Dickens administration aims to wipe out $33M deficit before budget cycle begins

According to the mayor’s office, the original $33 million deficit — about 3% of last year’s general fund budget — has already been reduced by half.

Gwinnett judge won’t apply Kemp’s new lawsuit limits to landmark trial

The judge overseeing a landmark trial in Gwinnett County refused to apply Gov. Brian Kemp’s new lawsuit-limiting legislation to the case.