Warren Buffett's big bet on airlines flies high

What are the world's best airlines?

What are the world’s best airlines?

Warren Buffett called the airline industry a “death trap” back in 2013. But he changed his tune on the industry late last year — and his investments in four major airlines have been anything but lethal so far.

Buffett’s Berkshire Hathaway (BRKB) disclosed in mid-November that it bought stakes in American, United Continental and Delta at some point during the third quarter.

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