With major airlines set to announce fourth-quarter results this week, analysts are warning that the news won't be good. Still, lower fuel costs and deep capacity cuts will help to temper the summer's steep losses, and most carriers are expected to focus on bright prospects for 2009. "The airline industry is poised to generate solid profits in 2009 despite the worst recession since the Great Depression," Michael Derchin of FTN Midwest Securities Corp. said Friday, predicting net income of $3.6 billion, the nine biggest domestic carriers all operating in the black.

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