Latest development4 months ago
Berkshire Hathaway Takes $2.65B Stake in Delta Air Lines
Berkshire Hathaway disclosed a new position of 40 million shares in Delta Air Lines, signaling a strategic shift under CEO Greg Abel.
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Delta Air Lines announced plans to retrofit approximately 240 Boeing 737-800 and 737-900ER aircraft with fuel-saving aerodynamic finlets. During the same period, the National Legal and Policy Center proposed that the airline adopt cumulative voting for its board elections. Additionally, Berkshire Hathaway, led by CEO Greg Abel, disclosed a new investment in Delta Air Lines totaling nearly 40 million shares, valued at approximately $2.65 billion.
Berkshire Hathaway disclosed a new position of 40 million shares in Delta Air Lines, signaling a strategic shift under CEO Greg Abel.
Read the full storyThe NLPC proposed cumulative voting at Delta Air Lines to empower minority shareholders following recent operational failures and a major IT collapse.
Delta partners with Vortex Control Technologies to install aerodynamic finlets on 240 Boeing 737 aircraft to cut fuel costs and carbon emissions.