Warren Buffett: Berkshire has dumped its airline stocks, ‘world has changed’ because of coronavirus

Warren Buffett has gotten Berkshire Hathaway (BRK-A, BRK-B) out of the airline business. During a virtual address to shareholders for the company’s annual shareholders meeting Saturday, the chairman and CEO called Berkshire’s recent purchase of roughly 10% of four of the world’s largest airlines — including American (AAL), United (UAL), Delta (DAL) and Southwest (LUV) — an “understandable mistake.”