BWI SunSpot.net: US Airways narrows loss in 3rd quarter, but $335 million deficit means more cost-cu

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[P][A href=http://www.sunspot.net/business/bal-bz.usairways02nov02,0,4925688.story?coll=bal%2Dbusiness%2Dheadlines][FONT face=Times New Roman color=#000000 size=3]http://www.sunspot.net/business/bal-bz.usairways02nov02,0,4925688.story?coll=bal%2Dbusiness%2Dheadlines[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3]The airline currently employs 237 at BWI, down from 2,293 just prior to last year''s terrorist attacks. [/FONT][/P]
[P][FONT face=Times New Roman size=3]They obviously still have a lot of work to do, but they seem to be doing it, said Jon Ash, an aviation consultant with Global Aviation Associates in Washington. Clearly, a lot of [airlines] were making certain cuts predicated on the expectation of some improvement in yields later into 2002 and early 2003, and I think they are now concluding that those yield improvements are not there. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Despite the disappointing results, analysts said they still think US Airways can emerge from bankruptcy early next year, as airline management has projected. [/FONT]
[P][FONT face=Times New Roman size=3]Given the circumstances, it probably could have been a lot worse, Ash said of the third-quarter loss. [/FONT][/P]