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Wall Street Journal • Krystal Hur

Berkshire Hathaway buys $2.6B in Delta stock as Greg Abel settles in as CEO

Berkshire Hathaway disclosed a $2.6 billion stake in Delta Air Lines—its third major run at airline exposure after Warren Buffett’s long-held warnings about the sector’s capital destruction. The purchases come as Greg Abel takes over as Berkshire’s CEO and signals a more aggressive risk posture alongside a tripling of its Alphabet (Google) holding.

2026-05-15T13:39:19.624237-07:00

FlightGlobal

Alaska Airlines plots 787-led shift from regional carrier to global intercontinental operator

2026-05-15T15:38:21.179217-07:00

ch-aviation

US DOT extends Essential Air Service contracts for Southern Airways Express

2026-05-15T12:38:47.098014-07:00

AeroTime

Air India turnaround drags: SIA defends long-term investment despite $2.8B annual loss

2026-05-15T09:24:05.899861-07:00

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FlightGlobal

Alaska Airlines plots 787-led shift from regional carrier to global intercontinental operator Alaska Airlines CEO says the carrier plans to launch a dozen intercontinental routes using Boeing 787s, signaling a deliberate move beyond its traditional regional footprint. The strategy is designed to reposition Alaska into a West Coast long-haul player, with Europe as a near-term proving ground.

2026-05-15T15:38:21.179217-07:00

Alaska Airlines plots 787-led shift from regional carrier to global intercontinental operator

Wall Street Journal

Berkshire Hathaway buys $2.6B in Delta stock as Greg Abel settles in as CEO Berkshire Hathaway disclosed a $2.6 billion stake in Delta Air Lines—its third major run at airline exposure after Warren Buffett’s long-held warnings about the sector’s capital destruction. The purchases come as Greg Abel takes over as Berkshire’s CEO and signals a more aggressive risk posture alongside a tripling of its Alphabet (Google) holding.

2026-05-15T13:39:19.624237-07:00

Berkshire Hathaway buys $2.6B in Delta stock as Greg Abel settles in as CEO

ch-aviation

US DOT extends Essential Air Service contracts for Southern Airways Express The US Department of Transportation has extended its Essential Air Service (EAS) contracts for Southern Airways Express, keeping the carrier in place to subsidize connectivity for smaller communities under the EAS program.

2026-05-15T12:38:47.098014-07:00

US DOT extends Essential Air Service contracts for Southern Airways Express

Paddle Your Own Kanoo

DOT publishes charter for Trump-era Airline Passenger Experience Advisory Board The U.S. Department of Transportation has published the advisory committee’s charter outlining its objectives and scope of work under the Trump administration’s Passenger Experience agenda. The move formalizes how DOT intends to solicit input on passenger-facing outcomes across the airline travel journey.

2026-05-15T10:56:22.478173-07:00

DOT publishes charter for Trump-era Airline Passenger Experience Advisory Board

ch-aviation

Cubana cancels Madrid route after Plus Ultra exit Cubana has withdrawn its Madrid service following Plus Ultra’s departure from the market. The change underscores how quickly bilateral route networks can contract when a single operator exits—particularly where demand and operating conditions remain fragile for Cuba-facing services.

2026-05-15T09:44:26.029585-07:00

Cubana cancels Madrid route after Plus Ultra exit

FlightGlobal

Global Airlines reshuffles leadership as A380 plan remains sidelined in ongoing flight hiatus UK start-up carrier Global Airlines has replaced a senior director following “twin departures,” while keeping its Airbus A380 “quadjet” in storage in France. The leadership tweak comes amid a continued operational pause that has lasted since May last year, indicating the A380 launch remains deferred.

2026-05-15T09:40:51.801483-07:00

Global Airlines reshuffles leadership as A380 plan remains sidelined in ongoing flight hiatus

AeroTime

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Air India turnaround drags: SIA defends long-term investment despite $2.8B annual loss Singapore Airlines CEO Goh Choon Phong says Air India’s transformation is a “long game” even as Air India posted a $2.8 billion annual loss, with geopolitical airspace disruptions and currency moves cited as major external shocks. SIA again defended its ongoing investment amid mounting losses and operational challenges.

2026-05-15T09:24:05.899861-07:00

Air India turnaround drags: SIA defends long-term investment despite $2.8B annual loss

Paddle Your Own Kanoo

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Alaska Airlines facing negligence lawsuit after severe turbulence injured cabin crew and left passenger “terrified of flying” An Alaska Airlines passenger is suing the carrier for negligence after a severe turbulence event left three flight attendants tossed and bleeding, according to the complaint. The case alleges the turbulence outcome was mishandled and seeks damages tied to the passenger’s fear of flying and related harm.

2026-05-15T08:38:36.981042-07:00

Alaska Airlines facing negligence lawsuit after severe turbulence injured cabin crew and left passenger “terrified of flying”

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Airlines News

Berkshire Hathaway buys $2.6B in Delta stock as Greg Abel settles in as CEO

Alaska Airlines plots 787-led shift from regional carrier to global intercontinental operator

US DOT extends Essential Air Service contracts for Southern Airways Express

Air India turnaround drags: SIA defends long-term investment despite $2.8B annual loss

News Timeline