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Article: Tower Air releases March 1996 traffic results; Reports increases in total block hours, available seat miles and revenue passenger miles.
- Article from:
- Business Wire
- Article date:
- April 8, 1996
CopyrightCOPYRIGHT 1996 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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JOHN F. KENNEDY INTERNATIONAL AIRPORT, N.Y.--(BUSINESS WIRE)-- April 8, 1996--Tower Air Inc. (Nasdaq National Market: TOWR) today reported a 32.2 percent increase in total block hours flown in March 1996 of 3,367 hours compared to the year ago figure of 2,547 hours.
For the three-month period ended March 31, total block hours flown increased 8.7 percent to 9,016 from 8,293 hours during the same period in 1995.
Scheduled passenger service available seat miles (ASMs) in March 1996 increased 15.0 percent to 345 million from 300 million in March 1995. For the three-month period ended March 31, ASMs increased 16.4 percent to 1,081 million from 929 million in the ...