Warren Buffett’s history of avoiding the airline industry as an investment has been well-documented over the years. In Berkshire Hathaway’s 2007 shareholder letter, Buffett shared his stance that he wasn’t a fan of investing in the airline industry. He told shareholders, “The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines.” Buffett added in that letter, “Investors have poured money into a bottomless ...