Transportation

Boeing did well in the freighter category, signing deals at the airshow for converted versions of its 737-800, as well as its 747 and 777 jets.

The economy continues to grow, but limited trucking capacity is causing headaches for businesses.

In addition to JetBlue, Neeleman also founded WestJet and Azul Brazilian Airlines, among others.

Meanwhile, Boeing won a $3.9 billion contract to build two 747-8 aircraft, each of which will serve as Air Force One.

The airline said its profit is rising despite surging jet fuel costs.

The British jet-engine maker expects to have its first flying taxi, EVTOL, ready within the next few years.

Rising oil prices and interest rates, trade tensions and uncertainty over Britain's departure from the European Union all pose a risk to an eight-year boom in civil aviation, which has boosted industry order books and share prices.

The order will double the size of DHL's 777 fleet.

Washington recently imposed 25-percent tariffs on $34 billion of Chinese imports, and Beijing responded with tariffs on the same amount of U.S. exports to China.

It's been five years since Detroit bottomed out after decades of decline, admitting in the largest U.S. municipal bankruptcy filing ever that the country's one-time industrial engine could no longer pay its bills.

The U.S. Coast Guard Academy is now offering an academic program in cyber systems, its first new major in a quarter century.

A $13 billion project to build a new rail tunnel into New York is scrambling to stay in the running for key federal funding as a July 14 deadline looms.

A government watchdog says a federal inspector overseeing American Airlines was too cozy with the carrier and did not respond to safety complaints raised by the pilots' union.

Delta is topping most profit expectations for the second-quarter, but it's slashing its outlook for the year, citing a $2 billion spike in fuel costs.

The No.2 U.S. carrier slashed its full-year earnings outlook to a range of $5.35 to $5.70 per share from $6.35 to $6.70 per share and said it expected its fuel bill in 2018 to surge by $2 billion.

Chicago Mayor Rahm Emanuel, on a mission to salvage business deals threatened by a tariff war, says Chinese officials expressed confidence during his visit to Beijing that they can survive the spiraling dispute with Washington.

Other airline stocks slumped Wednesday as well.