Berkshire investment validates airline sector's shift
Company reveals stakes this week in American Airlines, Delta Air Lines, United Continental Holdings and Southwest Airlines
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Dallas
US airlines have had trouble this year convincing investors that they're leaving their boom-and-bust cycle behind. Now, the industry has won over one of its biggest sceptics.
Berkshire Hathaway Inc's investment in the four biggest carriers ended years in which billionaire chairman Warren Buffett derided the industry's attractions.
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