Weather, Fuel, Israel Service Swell Tower's First Quarter Operating Loss
Bad weather, higher fuel costs and instability in Israel combined to lift Tower Air Inc.'s first quarter operating loss 97.6% to $13.14 million, up from $6.65 million in the first quarter of 1995. The carrier suffered a net loss of $8.13 million for the quarter, or 53 cents per share (DAILY, April 2...
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