Usair Slashes Flights In Bid To Lower Costs
USAir plans to cut nearly 10 percent of its 2,500 daily flights by July in an effort to save more than $100 million a year and move back toward profitability.
The reductions and a plan to add 70 new flights will reduce USAir’s overall capacity by about 5 percent, the company said Wednesday.
USAir will substitute regional aircraft in areas where passenger loads have been too low to justify jet service, USAir Chairman Seth Schofield said.
USAir has been struggling with large financial losses. The airline recorded a $322 million loss in the fourth quarter of 1994.