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United Cuts 470 Jobs, Slashes Flights To Cleveland Hub Citing Profit Issues

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.

TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.

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