Bloomberg Frankfurt airport is operating again after several drone sightings prompted the suspension of all flights for almost two hours. German air navigation service provider DFS suspended all incoming and outgoing flights between about 11.20 am and 1 pm on March 2 after a pilot spotted a drone, Fraport AG spokesman Dieter Hulick said by phone. Airlines cancelled 77 flights ...

Bloomberg Warren Buffett’s Berkshire Hathaway Inc boosted its stake in Delta Air Lines Inc last week, taking advantage of bargain prices amid market declines. Berkshire acquired more than 976,000 shares for about $45.3 million, or an average price of $46.40, according to a filing. Delta stock dropped about 20% last week as markets plummeted on concern about the coronavirus. Buffett, ...

Bloomberg Global airline and transportation shares are reeling from the disruptions caused by the coronavirus epidemic. Yet one stock has bucked that trend and is now the second-best performer on South Korea’s benchmark index this year. Hanjin Kal Corp, the holding company that owns shares in Korean Air Lines Co and Jin Air Co, has soared 102% in 2020. As ...