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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 BRK.A Report made headlines when he invested in American (AAL) - Get American Airlines Group, Inc. Report , United Continental (UAL) - Get United Airlines Holdings, Inc. Report , Delta (DAL) - Get Delta Air Lines, Inc. 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 Spirit Airlines, Inc. 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.

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