1.2 billion investment for American Airlines, Delta, United Continental and Southwest Airlines

7 years ago
by eturbonews
The US airline industry business is booming, and major investors are seeing a big chance. Warren Buffett is never wrong. He just took a $1.2 billion stake in American Airlines, Delta, United Continental, and Southwest Airlines, according to a report published on CNBC.

Warren Edward Buffett,  born August 30, 1930, is an American business magnate, investor, and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the Chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the wealthiest people on the globe.  In 2012,  Time named Buffett one of the world’s most influential people.

Buffett is also active in contributing to political causes.

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