United Airlines, Alaska Airlines regional airline programmes are the only ones in black

United and Alaska are the only two legacies with regional affiliate programs that actually make money, according to analysis by AirlineFinancials.com. USAirways has the narrowest losses at USD75 million with Delta and American topping the list on losses at about USD500 million apiece. In 2008, not one of the programs seemed to be profitable, just using the statistics that expenses outweighed revenues.