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...Delta Air Lines, for example, secured $5.4bn from the bailout, of which $3.8bn was a forgivable grant with the rest in the form of a 10-year unsecured loan....
...The filing also revealed that Berkshire raised its holdings in JPMorgan, Delta Air Lines and Red Hat while cutting stakes in Wells Fargo, Phillips 66, Southwest Airlines and Charter Communications....
...Berkshire as a whole manages more than $200bn in stocks and fixed income investments, which now includes stakes in iPhone maker Apple and Delta Air Lines....
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
...He declined to discuss the investment thesis behind the stakebuilding by Berkshire, where he now shares investment responsibilities with two other fund managers, Todd Combs and Ted Weschler....
...Airlines advanced after Delta Air Lines and US Airways Group both beat projections by analysts. Delta was up 6.2 per cent to $9.96, and US Airways added 17.3 per cent to $7.52....
...Airlines were in focus after Delta Air Lines’ bigger-than-expected quarterly loss but it also said it had seen higher demand from corporate customers....
...Shares in Delta Air Lines dropped 1.8 per cent to $7.76 after the airline and its partners offered a $1bn aid package to Japan Airlines, which is facing possible bankruptcy....
...Hirst, Delta Airlines; Laura Campbell, American Public Gas Association; and Sean Cota, Petroleum Marketers Association of America....
...The bank started coverage on Delta Air Lines, the world’s largest, recommending a price target of $9 after recent selling pressure. The shares climbed 0.5 per cent to $5.88....
...Air Lines and V Australia, as well as additional capacity on routes between Australia and the US....
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