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

Coca-Cola sells its stake in another major bottler. This one is in the U.S.

Coca-Cola has sold its minority stake in its largest U.S. bottler, a deal valued at about $2.4 billion.

CNN takes from TikTok playbook with new ‘swipe up’ vertical video feed

The launch represents another endeavor to enhance CNN’s digital experience as audiences turn away from traditional television and seek news in other formats.

2h ago

‘Fortunately, I made it.’ Shutdown anxiety continues at Atlanta airport.

As a possible legislative solution to the federal shutdown made its way through the Senate on Monday, travelers at the world’s busiest airport faced challenges.

The Latest

Credit: SPECIAL

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

OPINION

2026 Nissan Leaf: Simple to live with and priced right

Featured

Credit: arvin.temkar@ajc.com

Mass cancellations hit Atlanta airport, shutdown causes uncertainty

Air travel is struggling as the government shutdown causes hassles and uncertainty for travelers, disruptions for airlines and even less wiggle room to recover from problems.

ICE raids, calls for boycott: Home Depot on frontlines of Trump crackdown

As ICE ratchets up arrests to meet Trump administration objectives, few private companies have become as associated with the crackdown as Home Depot. But does it play a role?

Comedian Katt Williams defeats women’s suit over Midtown brawl

With a legal technicality, Georgia-based comedian Katt Williams has dodged a lawsuit filed by four women who claim he violently assaulted them outside an Atlanta club.