Buffett Places $37 Billion Bet On Airplanes

Credit: Precision Castparts
One of the world’s savviest investors is placing the biggest bet of his career on the future of the commercial aircraft industry. In agreeing to pay $37.2 billion for specialty metals and parts supplier Precision Castparts, Berkshire Hathaway CEO Warren Buffett signals his confidence that demand for...
Joe Anselmo

Joe Anselmo has been Editorial Director of the Aviation Week Network and Editor-in-Chief of Aviation Week & Space Technology since 2013. Based in Washington, D.C., he directs a team of more than two dozen aerospace journalists across the U.S., Europe and Asia-Pacific.

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