![(FILES) In this file photo taken on May 4, 2019, Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska. Hard-hit by the market rout surrounding the coronavirus pandemic, Berkshire Hathaway has reported first-quarter net losses of nearly $50 billion, it reported on May 2, 2020.
/ AFP / Johannes EISELE](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/N7Z27YSVAITZUNF55Z4X6AV4QA.jpg?smart=true&auth=6f9306b53967ba986601fbe44d787a73d407fcf1c98d992258dcf5c13716a641&width=400&height=225)
Warren Buffett, chief executive of Berkshire Hathaway, says future for the airline industry is less clear in the wake of the coronavirus pandemic. AFP
Warren Buffett, chief executive of Berkshire Hathaway, says future for the airline industry is less clear in the wake of the coronavirus pandemic. AFP
Warren Buffett's Berkshire exits stakes in major US airlines amid pandemic hit
The business has fundamentally changed following the economic fallout from the coronavirus, Mr Buffett says