The nine largest US passenger airlines in aggregate reported a net loss of $2.26 billion for the spring quarter ended June 30 compared to a net profit of $171.9 million in the year-ago period (the 10th, ATA Airlines, did not release results in time to be included in this report). Extraordinary writeoffs at Delta Air Lines totaling $1.65 billion and soaring fuel prices masked significant improvement at most carriers, however. Comparisons to the year-ago period also are distorted by the $2.1 ...

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