From Seeking Alpha:
Airline Monthly Numbers Show Strong Likelihood of Profitability in 2010 -- Seeking Alpha
Conclusion: Several airlines had at or near record load factors (percentage of seats filled) in October. While air fares are considerably lower than a year ago, airlines have been successful at filling significantly more passenger seats this October than in the past.
There are strong indications going into year 2010, most airlines will finally see an increase in year over year operating revenues. If fuel costs remain stable, next year could be more profitable than many analysts are currently projecting.
Oil remaining stable is a big if, but hopefully we can make a few fare increases stick and raise enough coin to need to hire!