Articles tagged “warren buffett”

Six Flags Takes Travel Counterparts’ Cue, Launches Rewards Program

Six Flags Takes Travel Counterparts’ Cue, Launches Rewards Program

Grant Martin, Skift

Six Flags' new loyalty program is as much about collecting visitor data as it is about rewarding visitors for their habits.

10 months ago

Warren Buffett’s Berkshire Hathaway Boosts Its Bets on Southwest and Delta

Warren Buffett’s Berkshire Hathaway Boosts Its Bets on Southwest and Delta

Katherine Chiglinsky, Bloomberg

It sounds like Warren Buffet is not spooked by higher oil prices. That probably bodes well for everyone else invested in airlines.

10 months ago

Warren Buffett Reveals Bigger Stake in Southwest and American Airlines

Warren Buffett Reveals Bigger Stake in Southwest and American Airlines

Associated Press

The legendary investor's firm, Berkshire Hathaway, is doubling down on its previous $9 billion bet on the sector by buying more shares of American Airlines and Southwest Airlines. The resulting push up in share price means this has been a good time to be an airline investor.

2 years ago

Warren Buffet Has Faith in Airline Stocks but Other Investors Aren’t so Sure

Warren Buffet Has Faith in Airline Stocks but Other Investors Aren’t so Sure

Mary Schlangenstein, Bloomberg

Warren Buffett is a top-notch investor with a strong track record. Let's assume he's in this for the long term, and not so worried about month-to-month capacity fluctuations.

2 years ago

Is Warren Buffett Scheming to Buy a U.S. Airline?

Is Warren Buffett Scheming to Buy a U.S. Airline?

Bloomberg, Katherine Chiglinsky, Mary Schlangenstein and Lisa Du

Anything can happen, and trying to predict the future is a fun game. Still, it seems unlikely that anyone — even Warren Buffett — would want to take an airline private. As one analyst said, airlines generally don't make the best leveraged buyout candidates. But, hey, wouldn't it be fun to be surprised?

2 years ago

Warren Buffett’s Berkshire Hathaway is Betting Big on U.S. Airline Stocks

Warren Buffett’s Berkshire Hathaway is Betting Big on U.S. Airline Stocks

Katherine Chiglinsky and Sonali Basak, Bloomberg

This is a classic contrarian move by Warren Buffett’s Berkshire Hathaway. Investors have lost some patience recently with airline stocks, but clearly Buffett believes the nation's largest airlines still have considerable upside.

3 years ago

Flexjet Plans to Take on Warren Buffett’s NetJets in Europe

Flexjet Plans to Take on Warren Buffett’s NetJets in Europe

Thomas Black, Bloomberg

The European elite want to fly on luxury jets. NetJets' access to nearly 1,000 jets worldwide gives them a competitive advantage against challengers as Europe recovers slowly from recession.

4 years ago

Warren Buffett rails against airline investing

Warren Buffett rails against airline investing

Berkshire Hathaway is a big transportation investor -- in rail. Despite the changed conditions in the airline industry since Warren Buffett invested in US Air, some of what he says still rings true: "You’ve got huge fixed costs, you’ve got strong labor unions and you’ve got commodity pricing. That is not a great recipe for success."

6 years ago