JetBlue slashes New York schedule

NEW YORK - JetBlue Airways Corp plans to reduce daily flights from the four New York City-area airports where it operates to 60 from 205, and with likely further daily reductions to as few as 40, a spokesman said on Tuesday.

"By reducing capacity to match demand we can still maintain daily service and cause the least disruption for our customers who can be re-accommodated on a different flight on their original travel day," the spokesman said.