Citation :
After famously shunning the airline industry for ever, Warren Buffett has jumped in, with Berkshire Hathaway (BRK.A, BRK.B) showing stakes in American Airlines (NASDAQ:AAL), United Continental (NYSE:UAL), and Delta Airlines (NYSE:DAL) as of Sept. 30.
It's not on the 13F filing, but CNBC reports Berkshire as also having taken a stake in Southwest Airlines (NYSE:LUV).
Buffett's last play in airlines was a $358M preferred stake in U.S. Airways in the late 1980s. He eventually profited, but not before having to ride major losses which soured him on the industry.
AAL +3.4%, UAL +1.7%, DAL +2.3%, LUV +3.1% after hours
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