Berkshire Hathaway increased its Delta Air Lines holdings to 57.3 million shares worth $5.4 billion as of June 2026.
Berkshire Hathaway raised its stake in Delta Air Lines by 44% in the second quarter of 2026, bringing its total to 57.3 million shares valued at $5.4 billion. The move marks a shift from the conglomerate’s 2020 exit from airline stocks during the Covid pandemic, when it sold all holdings at a loss.
The latest purchase aligns with CEO Greg Abel’s strategy of maintaining disciplined, concentrated investments outside Berkshire’s core positions. The firm had previously built a $2.6 billion Delta stake by March 2026, reflecting growing confidence in the airline’s recovery and performance.
Delta’s recent financial results, including record earnings, may have influenced Berkshire’s decision to expand its position. The airline sector has rebounded strongly from pandemic lows, driven by rising travel demand and improved operational efficiency.