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Buffett dumps US airline stocks

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Warren Buffett sold his firm's entire holdings in the four major U.S. airlines.

The Berkshire Hathaway CEO said the “world has changed” for the aviation industry because of the coronavirus crisis.

At the end of 2019, Berkshire Hathaway held an 11% stake in Delta Air Lines, 10% of American Airlines, 10% of Southwest Airlines and 9% of United Airlines.

Read more from The Guardian.

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