DETROIT (AP/WWJ) – United Airlines says it will drop its money-losing flight hub in Cleveland, slashing its daily flights and eliminating 470 jobs.
The company’s CEO Jeff Smisek says in a letter to employees that the Cleveland hub has not been profitable in over a decade and has lost the company tens of millions of dollars in recent years.
Similar cutbacks have affected many other small hubs in cities such as Memphis, Cincinnati and Salt Lake City amid a wave of airline mergers over the last five years.
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