Key facts: BRK ~$3B Delta stake; +2%; 11wks demand; CEO backs Kuiper

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2026.05.19 07:14
portai
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Berkshire Hathaway added a roughly $3 billion stake in Delta Air Lines (DAL); Dal premarket shares rose about 2% on the disclosure. Key trading fact: $3B position; ~2% premarket gain.1Delta Air Lines sees continued strong demand 11 weeks into the Iran war; CEO Ed Bastian says premium, business and international travel remain robust with no expected pullback in demand.2Delta CEO Ed Bastian said Amazon’s Project Kuiper offers cheaper, better tech than SpaceX Starlink for Delta’s planned in‑flight Wi‑Fi, including retail, Prime and gaming features.3