United Airlines said Tuesday it plans to end service in October at New York's John F. Kennedy International Airport, where it failed to profit over seven years because it offered few connections to other cities, and add flights at its Newark, New Jersey, hub. (Tweet This)
Shares of the airline's parent, United Continental Holdings, were down more than 2 percent after the news.
Beginning Oct. 25 of this year, the airline will transfer its only flights from JFK, which serve Los Angeles and San Francisco on Boeing 757 aircraft, to Newark, its hub that has hundreds of connecting flights.
The move marks an effort by United to win travelers in the highly competitive transcontinental market, where rivals American Airlines, Delta Air Lines and JetBlue Airways have invested heavily in renovating aircraft cabins and airport terminals.