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Berkshire Hathaway Searching for Airline Deals

from ETF Trends

 

Berkshire Hathaway Searching for Airline Deals

American multinational holding company Berkshire Hathaway could be considering purchasing an airline, reports ETF Trends. It claims to be looking for deals, although it has not found one at “a sensible purchase price” yet.

In 2016, Berkshire took positions in the largest U.S. airliners: American Airlines (AAL), Delta Air Lines (DAL), United Continental Holdings (UAL) and Southwest Airlines (LUV). These same companies were held in the U.S. Global Jets ETF (JETS) as of December 31, 2017.

Visit ETF Trends to read the full article on Berkshire Hathaway and the airline industry.

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U.S. Global Investors has no affiliation with Berkshire Hathaway.

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