Delta says more job cuts needed after $326 million loss

ATLANTA - Chief executive Leo F. Mullin announced Tuesday that Delta Air Lines will cut more jobs than previously expected. <br> <br> The Atlanta-based airline reported third-quarter losses Tuesday morning of $326 million attributed to continuing struggles since last year&#39;s terrorist attacks. <br> <br> The nation&#39;s third-largest airline said it will continue to slash its flight schedule and announced plans to mothball its fleet of large MD-11 aircraft next year. <br> <br> Mullin said the cuts will require the airline to announce staff reductions beyond the 1,500 flight attendant positions the company had already indicated. <br> <br> The loss of $2.67 per common share came during the peak summer travel season. Excluding one-time costs, the net loss was $212 million or $1.75 per share. <br> <br> In morning trading on the New York Stock Exchange, shares of the airline rose 83 cents to $8.33.