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Buffett Airline Stake Gains $76 Million on Qatar Bid: Chart

Brandon Kochkodin
Updated

(Bloomberg) -- Qatar Airways’ unsolicited approach to buy a 10 percent stake in American Airlines Group Inc. sent the stocks of most U.S. carriers aloft Thursday. Few investors were positioned as well as Warren Buffett’s Berkshire Hathaway Inc. The company has substantial interests in the four major U.S. airlines and saw its portfolio climb $76 million on the news.

--With assistance from Umang Patel

To contact the reporter on this story: Brandon Kochkodin in New York at bkochkodin@bloomberg.net.

To contact the editors responsible for this story: Dan Kraut at dkraut2@bloomberg.net, Steven Crabill, Peter Eichenbaum

©2017 Bloomberg L.P.