4:26 pm ET 7/24/2016 Intraday data is at least 15 minutes delayed
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The Bloomberg Americas Transportation Index is a capitalization-weighted index of the leading transportation stocks in the North, South and Central American region. The index was developed with a base value of 100 as of December 31, 1998. The parent index is BWORLDUS.

Transportation News

Airlines Rake in Cash as Fares Stay Cheap. What’s Wrong With This Picture?

2:56 pm ET

It’s a strange time in the airline industry. Wall Street can’t seem to say enough bad things about carriers awash in profits. The four largest U.S. airlines banked $4.1 billion this spring, but saw revenues slide about 2 percent industrywide due to an avalanche of cheap fares, a notion some analysts call pricing dysfunction. On Friday, American Airlines Group Inc. became the latest to join the “best of times, worst of times” club, announcing a $1 billion second-quarter profit on revenue that was nevertheless down 4.3 percent.

Boeing Sees $2.1 Billion Cost on 787 Dreamliners, Air Tanker (2)

3:01 pm ET

Boeing Co. said it expects to report a $2.1 billion after-tax accounting cost for the second quarter as it absorbs expenses from programs with well-publicized stumbles: the 787 Dreamliner, the 747-8 jumbo jet and a refueling tanker for the U.S. Air Force.

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