Warren Buffett's Berkshire Hathaway sells part of Delta, Southwest airline stakes.
this week, as the coronavirus pandemic drives the airline industry into perhaps its biggest crisis ever.
The sales were conducted on Wednesday and Thursday, the filings show. Berkshire previously owned about 11.1% of Delta stock and 10.4% of Southwest stock, according to Refinitiv data. No reasons for the sales were given.The Omaha, Nebraska-based conglomerate is among the biggest shareholders of the four largest U.S. carriers - Delta, Southwest, American Airlines Group and United Airlines.
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