US majors post cumulative $3.43 billion 2009 loss as revenue falls 15.4%

The nine largest US airlines posted a cumulative net loss of $3.43 billion in 2009, ATWOnline calculated, considerably improved over a net deficit of $25 billion in 2008 when heavy goodwill impairment charges and Delta Air Lines/Northwest Airlines merger costs weighed down the collective bottom line...

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