Pulling back from USAir

USAir's mired labour negotiations and six year streak of losses have finally convinced fabled investor Warren Buffett that the airline has been a bad investment. However, the decision by his investers Berkshire Hathaway Inc to write off $268.5 million of the carrier's stock - 75 per cent of its holding ...

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now