latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/berkshire-hathaway-sells-part-of-stakes-in-delta-southwest-airlines-57912557 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Berkshire Hathaway sells part of stakes in Delta, Southwest airlines

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

Berkshire Hathaway sells part of stakes in Delta, Southwest airlines

Berkshire Hathaway Inc. sold 12,986,204 of its shares in Delta Air Lines Inc. for about $314 million, and 2,314,249 of its shares in Southwest Airlines Co. for about $74 million.

Berkshire held 11.28% of the total shares of Delta Air Lines, and 10.37% of Southwest Airlines before the stock sale.

The stock sale comes amid the coronavirus pandemic driving the airline industry into perhaps its biggest crisis ever, Reuters reported April 3.

READ MORE: Sign up for our weekly coronavirus newsletter here, and read our latest coverage on the crisis here.