Earnings preview: 6 of 9 big carriers expected to see losses

Major airlines begin releasing first-quarter results on Tuesday, and losses are expected to dominate despite signs of recovery for the industry. Analysts say six of the nine biggest carriers will remain in the red, though results will mark an improvement over the $2 billion lost in the first quarter last year. More passengers and growing ancillary revenue will help boost year-over-year comparisons, while higher fuel costs and February snowstorms will act as a drag on earnings.

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