Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWAC) will be deleted from the Dow Jones Transportation Average index at the close of business on Friday, September 16.
Delta Air Lines Inc. (DAL) will be replaced by Overseas Shipholding Group Inc. (OSG) and Northwest Airlines Corp. (NWAC) will be replaced by JetBlue Airways Corp. (JBLU). Delta Air Lines Inc. and North Northwest Airlines Corp. are being removed because the two airlines filed for protection under bankruptcy laws.
The changes in the Dow Jones Transportation Average will be effective at the start of trading on Monday, September 19. On the same date the two stocks will be deleted from the Dow Jones U.S. Total Market Index but will not be replaced.
The Dow Jones Transportation Average index tracks 20 U.S. transportation stocks. Other members of the Dow Jones Averages family are the Dow Jones Industrial Average, the Dow Jones Utilities Average and the Dow Jones Composite Average.
Further information, as well as the component list of the Dow Jones Transportation Average, can be found on the Dow Jones Indexes Web site at http://www.djindexes.com.
Company additions to and deletions from the Dow Jones Transportation Average do not in any way reflect an opinion on the investment merits of the company.
