Warren Buffett May Have Missed the Best Airline Investment
Warren Buffet's big investment in airlines didn't include the industry's turnaround story.
Warren Buffett (BRK.A) - Get Report made headlines when he invested in American (AAL) - Get Report , United Continental (UAL) - Get Report , Delta (DAL) - Get Report and Southwest LUV, but he may have missed out on an airline with a turnaround on its horizons. Under CEO Bob Fornaro, low-cost airliner Spirit (SAVE) - Get Report stock saw a 33.5% rise in price in 2016 as the airline strives to improve its customer experience and reverse its less-than-first-class reputation.
This article was written by a staff member of TheStreet.
