Warren Buffett could bail out airlines, hotels, and casinos as coronavirus ravages their revenues
with Lee Enterprises as part of the sale of Berkshire's newspapers to the publisher in January.
Read more: Bank of America examined the stock market during every recession since 1929 and concluded the recent meltdown is not over. Here's its trading strategy for a deeper crash. The Berkshire Hathaway chairman and CEO has his pick of distressed companies. He could help the airlines, raising his stakes in American, United, Delta, or Southwest on the cheap. Carnival, Norwegian, and Royal Caribbean might also welcome Buffett's cash, as the cruise lines' offshore registrations may mean they're ineligible for a US government bailout.
Hotel chains such as Marriott and Hilton, casino groups such as Caesars Entertainment, cinema chains including Cinemark and AMC Theatres, and theme-park operators such as Six Flags and SeaWorld could also fit the bill.READ NOW:
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