MINNEAPOLIS (AP) -- Delta Air Lines (DAL 0.43%) is dropping Memphis, Tenn., as a hub airport starting this fall.

The airline says the Memphis hub is not making money. It's cutting daily flights there to 60 per day from the current 96. It's also cutting 230 jobs.

The reductions begin on Sept. 3, right after Labor Day weekend and the end of the busy summer travel season.

The cuts are laid out in a memo from Delta executives to workers on Tuesday.

Most of the flying to be cut is on 50-seat regional jets, which Delta is phasing out.

Memphis was a hub for Northwest Airlines before it was acquired by Delta in 2008. Delta said at the time that it planned to keep all Northwest hubs.