After 6-Year Exit, Berkshire Buys $2.6 Billion Stake in Delta
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Delta Air Lines sees higher fuel costs from the Iran war but still reports strong results and steady travel demand.
JetBlue shares jumped after a report revealed the airline is exploring mergers with United, Southwest, or Alaska. What’s next after the failed Spirit deal?
Delta Air Lines raised its Q1 2026 revenue guidance to high single-digit growth after strong March demand from leisure and corporate customers. Earnings stay on track despite higher fuel costs.
United Airlines CEO Scott Kirby highlights how surging jet fuel prices after the U.S.-Israel strikes on Iran will impact earnings, yet passenger demand remains robust with new booking opportunities emerging.
Escalating US-Israel-Iran conflict sparks market turmoil: airlines and cruises drop 5-7% on fuel fears, while defense firms like Lockheed soar amid rising geopolitical tensions. Oil jumps sharply.