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Article: Tower Air releases November 1995 traffic results; reports increases in total block hours, available seat miles and revenue passenger miles.
- Article from:
- Business Wire
- Article date:
- December 7, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JFK INTERNATIONAL AIRPORT, N.Y.--(BUSINESS WIRE)--Dec. 7, 1995--Tower Air, Inc. (Nasdaq National Market: TOWR) today reported a 26.6% increase in total block hours flown in November 1995 to 3,911 hours compared to the year ago figure of 3,090 hours.
For the eleven-month period ended Nov. 30, 1995, total block hours flown increased 40.3% to 43,636 hours from 31,091 hours during the same period in 1994.
Scheduled passenger service available seat miles (ASMs) in November 1995 increased 37.9% to 364 million from 264 million in November 1994. For the eleven-month period ended Nov. 30, 1995, ASMs increased 29.2% to 4,363 million from 3,377 million in the comparable ...