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CNBC reports that JetBlue will reduce its Newark and LaGuardia services.

JetBlue Airways will close its 'flight attendant' base in New Jersey's Newark Liberty International Airport, as well as its 'tech operations' bases at the airport and LaGuardia Airport in New York this fall. CNBC reported.

The report said that the move was part of an effort to reduce costs and improve service at Florida's Fort Lauderdale airport. JetBlue is a major carrier in the area, which is a lucrative hub.

According to the company's annual report, JetBlue had a 13% market share for airline seats in?five airports of the New York metropolitan area, including Newark, LaGuardia, and JFK.

According to CNBC, the airline said that staff would not lose their jobs if operations were stopped; they could instead "bid or move to other bases".

JetBlue announced plans earlier this year to reduce?hiring and?cut the capacity of its flights, as well as to raise fares, to help ease the impact of soaring jet fuel prices that threatened to halt the carrier's turnaround efforts.

The company said, however, that it would continue to expand?in South Florida by leveraging the?increased availability of gates in this region. (Reporting and editing by Aatreyee Dasgupta in Bengaluru, Nandan Mandayam)

(source: Reuters)